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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (76349)8/6/2007 11:17:40 PM
From: Gersh Avery  Read Replies (1) of 94695
 
I think the puffer fish wasn't properly cooked <!!!!!>

A stronger day than I would expect for a flat to slightly up day ...

While I don't think we'll see a retrace of todays gains tomorrow, I still expect to see some movement down .. ~50-60 INDU points. Maybe 9-10 SPX points.

If we exceed that, to the downside, all bets are off.
However, if we close above -60 on the INDU or -10 SPX points, then I'll be trading for a bull market.

Nice volume day (today) ..

(watch this be the last post for the month <g>)
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