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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (3609)	9/9/1998 1:04:00 PM
From: Arik T.G.	Read Replies (1) of 44573

Tom, Like I said in the Baklava post, the crash scenario needs last Friday's close to be taken tomorrow (both because the 3 dma has to be down, and because if the last 5 days are the correction, then the next move (with the trend) should be sharper). If we don't take the 1000 today, then there will not be enough panic to drive the down momentum needed for a crash. Too many of the buyers of the "dip" would still be ahead. However, if the buyers of Tuesday are already losing today...... ATG

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