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Strategies & Market Trends : Classic TA Workplace
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To: the-phoenix who wrote (133066)5/25/2006 12:59:51 PM
From: skinowski  Read Replies (1) of 209892
 
Agree, yesterday's advance was choppy, but I see - with this latest swing up - a way of interpreting the move off the lows as a half-way acceptable wiggle impulse. Hard to tell. But if we'll see new highs after a consolidation, that could be short term positive for the market. Earlier this morning I did a few quick in and out trades with ES on the long side, and also holding a small long position in Q's... otherwise, not playing this. Notice that SMH is red.
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