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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (17146)5/12/2002 12:36:09 AM
From: X Y Zebra  Respond to of 26752
 
The more I read your post, the more I am agreeing with you to stand back and see how this is resolved for no other reason than the market will do the least expected... "just because". [everyone is thinking we go down].

More than ever, it is time to listen to what the market tells us; for now it seems safer (imo) to do it day-by-day-by-day (i.e. flat at the end of the day)



To: Susan G who wrote (17146)5/12/2002 4:43:04 PM
From: NOW  Read Replies (1) | Respond to of 26752
 
"A higher low would be a healthier reversal, which more chance of holding further upside. So it could easily reverse up while everyone is still looking down waiting for the "full" retest"
Why so?
And is it not possible that we get a much lower low? True capitulation would provide a much stronger launching pad, would it not?


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