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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (128878)	2/2/2006 11:58:14 AM
From: Win-Lose-Draw	Read Replies (1) of 209892

Currently have 1670 as the go-short trigger on NDX, 1260 for SPX. Since the Big Red Stick of a couple weeks back, I've had them (plus the Dow) in Meandering Mode. Presumably that's something like the oft-mentioned E-Wave Wiggle, so hopefully I'm maintaining some consistency with board policy. :) Oh...your friend AAPL...on a daily timeframe I have an actual go-short trigger at ~70.75. If it gets hit, it would be only the second short signal on that puppy in about 2 years. The last one was marginally profitable, but I'd put that down to luck as AAPL promptly ran for 100% shortly afterwards. On a weekly basis, uptrend still intact, with the stop rising to ~$67 on Monday.

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