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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (49329)5/13/2004 2:31:07 PM
From: Michael Watkins  Read Replies (1) | Respond to of 52237
 
We'll see. I'm sure the long oriented side of the market would not like to give up too easily here.

In the meantime this whole sideways move is a simple 3 bar retracement on the 45M chart. If it closes strong then an attack on overhead resistance sup near 1115-1120 seems likely.

The folks that are buying today will have tighter trigger fingers. suspect yesterdays high is roughly the balance point so well see.


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