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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (38248)6/6/2000 8:38:00 PM
From: AllansAlias  Respond to of 42523
 
The fact that we measure a "B2B index" tells me really long-term, that this will not end beautifully. The B2B's were late to the party in January. They should have been aborted then IMO, as gas.

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The B2B have rallies 25 to 40 % in the last week. A retracement is natural. I don't see anything ominous here.



To: fedhead who wrote (38248)6/6/2000 8:42:00 PM
From: patron_anejo_por_favor  Respond to of 42523
 
Anindo, it may not be ominous. I was mainly pointing out the reversal pattern on the chart (dark cloud cover on the daily candle). No telling how far it goes, but it looks tradeable to the downside in any event.

I think we'd both agree, though, that if it undercuts the low of late May @ 27, that would CLEARLY be ominous.


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