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Strategies & Market Trends : Waiting for the big Kahuna
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To: Gersh Avery who wrote (77031)10/12/2007 8:00:26 PM
From: Real Man  Read Replies (1) of 94695
 
OK, I'll play the role of GZ here, wherever he disappeared.
He was supposed to go on a cruise. It's actually 1571 cash,
and the time is
not for another month, but its a cautious price level.
As we reached that on Thursday,
we have seen some quick tanking. Now the bottom support
for the current UP move is all the way down at 1403, but
it's gonna be 1415 next week, which is better -ggg-
So, some caution is well warranted at current levels, some
sellin' is well justified - gosh, not the BK type. I said
SOME. 30, 40 points for a quickie -g- It's kind of tough to
plot where to exit the trade at this point -g-
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