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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (14721)	1/24/2006 1:52:40 PM
From: Magnatizer	Read Replies (1) \| Respond to of 23958

Ray, I see why I am confusing you. Tomorrow would be the confirmation day if it cannot close above the mid point of the large down bar from Friday. I did not realize today's bar had started to form when I first looked at the chart. Sorry for the confusion. What I see is IF today's or tomorrows bar fails to close above the mid point of Friday's down bar a short term topping pattern will be set up. In addition to the lower high on the last attempt to break through 539.02. This would be a double confirmation of a top. Another indicator this is possibly a top is the stoch you use on that chart. The above 80 area indicates a sell off is near based on the past 2ish years of signals. ht Mag