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Politics : Welcome to Slider's Dugout
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From: Charles Macdonald3/19/2009 11:35:06 AM
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DXO 60Min Chart Update

Here is a DXO chart I have been using. I sold 85% of my previous purchase(s) into the pops on the 17th and today.

Currently sitting outside the channel of the last 45ish days, but hanging in/around the previous highs of Jan and Feb.

I like DXO long-term (I think it is a potential 3 or 4 bagger) from here (over the remainder of 2009), but believe it needs to be traded, not held. Will let 15% ride, look to to get back in on a pull back.

If you look at the chart, buys when the CCI has been below -150ish have been consistent entry points / trade opps.

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