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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (13772)12/3/2008 10:12:52 AM
From: SliderOnTheBlack3 Recommendations  Read Replies (1) of 50061
 
Well we got our "DNA Test" gap up open in SLW...

Those who were already in -- got a chip shot putt
opportunity to take "some" trading profits off.

And with SLW still up and green on a day that PM's are down,
and down hard... we're now getting a pullback for those who
weren't in, to enter...and for traders to re-load.



If this market hasn't taught you "patience" yet,
nothing ever will.

What's working and what's not?

You must continue to sell into, and take "some" profits off
into ALL gap up opens.

And you must continue to buy into all gap downs and double
digit weakness.

You can NOT chase news, or trends....opens, or closes.

This is a market environment that continues to reward ANTICIPATION
and punish REACTION.

And this is STILL a counter-puncher's trading environment,
with trading being the keyword and concept.

The HUI gold stock index hit resistance at HUI 250 as
expected... more on that later.

SOTB
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