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Strategies & Market Trends : Ongoing Research

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From: charcoal8/4/2008 6:50:07 PM
   of 156
 
From Barood...

barood12
08/04/2008 06:36PM
Ignore User DT
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That is the deep red I am looking for right here and right now. I mentioned before look for no bounces to confirm my structure and we are getting it. A red open tomorrow will mark a bottom before new highs and not another low. This only applies to pure PM stocks and not blended base metal stocks.

IMO, what stacey is ignoring here for the prolonged deep leg is the deep red we are getting here like we saw in FCX. These moves should mark the end and not intermediate down leg.

If it is intermediate down leg, then even his 334 Fib level is high and it must be a lot lower.

Same applies on the debate for the time structure between me and Stacy. Either new highs by year end or new lows till April 09.


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