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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (82018)10/15/2008 12:39:05 PM
From: stockycd  Read Replies (1) of 94695
 
From my experience in trading futures on a five minute chart, whenever there is a strong drop, the "retest" is usually a slower drift down and may or maynot actually hit the low that was put in. Usually the "retest" price is somewhere within the bottom third of the reversal stick.

Cd
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