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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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To: dvdw© who wrote (3087)12/21/2009 10:08:50 AM
From: robert b furman of 3821
 
Stocks trading in sideways narrow price bands fit the definition of consolidation.

It is a corollary of accumulation.

They often end with a final shakeout (which should always be expected).

Consolidation is equivalent to" more price rises later".

Consolidation,when seen on a monthly chart, is almost always good for 200-400 percent.

These are wonderful times that simply require patience and If you are aggressive, GTC lowball order at the lowest of price ranges will work for you while you play.

Merry Christmas Dvdw.

We are aging as we play these elusive games.

Best to you and your loved ones.

Bob and Jan
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