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Strategies & Market Trends : The Bird's Nest

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To: rcksinc who wrote (13548)	2/25/2009 6:44:43 PM
From: clutterer	Read Replies (1) of 15232

well we could still drop into the 680-720 range imo....we had taken out the dt from 9 feb but slipped back below during the last 30min slide....looks like the 4 may have completed today and a 5er to finish it off...just not sure as to where this 5 might end so keeping a watch....fast stuff will prolly have to reset.....i was hoping to see a better run at 804 but it never materialized....fast stuff finished ob, trading model pretty neutral....the 60 is looking interesting and indicators have already crossed up....that could just clam shell though as the fast stuff resets....the daily and weekly remain os....nasi is still bothering me a bit and is still in limbo, looks like it wants to roll down but it may take some unexpected major bad news to get any more big down....obv levels remain at extreme os @ -112m on the spy (nov low was around -120m so we are in the zone)....should be a nice move up when it starts..... still adding common of companies that have been downright slaughtered....sitting on these positions for the long haul, will hedge them if need be....we are in a time that a few right decisions will be rewarded many times over...if you can sit on something now is the time to start nibbling it imo.... that game against osu was a letdown.....it was as if we weren't even on the court the first 5 minutes as we went down 19-2....geesh....big 10 a free for all....anybody but msu! vbg

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