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Strategies & Market Trends : Classic TA Workplace

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To: Moominoid who wrote (125246)10/20/2005 10:44:31 AM
From: robert b furman  Read Replies (2) of 209892
 
Patience before a nice reversal up.

IBD called yesterday's reversal up a confirmation day on the 5th day after reversal and on nice volume.

They say the closer to day 4 the better and weak after day 10 or 11.

need to see volume and breakout now to confirm markets health.

Bob
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