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Strategies & Market Trends : Diamonds
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To: Heretic who wrote (17)12/9/1998 6:41:00 PM
From: Jim Battaglia  Read Replies (3) of 41
 
Well I do not trade intraday anymore but I see a little different picture. Pristine said buy above 91. Since the DIA never reached 91 there was no action today.

The trade assumed you were already out before today started. Bought in at 91 if it reached that point and if it did, get out at 89 and 7/8ths.

It looks as tho 91 was a resistance level they wanted to penetrate before entering market. They seem to be right in this prediction. Any views from others on this!! Who's correct?

Jim
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