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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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From: J.T.3/21/2006 9:58:31 PM
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Today's double reverse was very ominous and I obey PURE PRICE ACTION.

I sold all longs before the close - booked my profit, which was larger yesterday - and went to 50% Bonds and 50% Cash before the close.

Never let a double reversal back down turn into an unforeseen rout.
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