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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: OZ who wrote (9004)6/17/2000 2:00:00 PM
From: LPS5  Read Replies (1) | Respond to of 18137
 
Support and resistance points ARE EXACTLY where all the STOP orders are located. People want in or ou NOW when those get hit. Remember that STOP orders turn to market orders when hit.

EXACTLY. That's the exact point of my message about two posts ago; it's the print 3 points under the market when the stock is flatlining it that, while they too have a story behind them, are or should be unexpected.

LPS5


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