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Strategies & Market Trends : Ask DrBob
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From: Drbob5127/11/2008 12:43:11 PM
   of 100058
 
Market could sure use a selling climax today, but the internals are not negative enough yet, not close to 1/9, but it is early enough to see the market "crash" in the next couple of hours, so if Dow could go down over 350 pts with 1/9 or worse on a/d and u/d vol, on heavier volume than the last few days, with a bullish reversal before the close, it would be a true capitulation. Otherwise, we can drift lower with only technical bounces that are followed by lower lows.

drbob
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