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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: coferspeculator who wrote (143)	6/21/2004 6:02:44 PM
From: coferspeculator	Read Replies (1) \| Respond to of 14340

Today the market experienced an intra-day failure to the upside and went on to close near it's lows with a diminished spread on lower volume, ending the day in a NEUTRAL position. Todays intra-day failure was a result of the withdrawal of demand. The market continues to trade in a narrow trading range for the past two weeks. With the current lack of any real demand or supply it is likely to remain in this area until the position of the market finds itself in an overbought or oversold condition.