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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (126214)	11/19/2005 5:20:27 PM
From: skinowski	Read Replies (1) of 209892

So, you think there is no alternative but to da moon? Don't know... ED's - as discussed by MC and Bobcor - look legit. Sentiment is getting mixed... to me, the more important bullish one is not even Rydex, which has a somewhat spotty history, but rather the COT, with commercials still relatively long... but if that changes, bulls may very quickly run out of steam. Many charts pack nice bullish potential, that is true - the breakout by GE looks very impressive. But - not much is out there which couldn't be damaged by just a few red days. IBM looks bullish right now, but a reversal under 84 could promptly place it back on the list of endangered species.....

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