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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (73245)5/26/2006 6:54:50 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
1295 is the level of the old shoulder.



To: Real Man who wrote (73245)5/26/2006 12:35:38 PM
From: Rarebird  Read Replies (1) | Respond to of 94695
 
After weeks of put buying, it appears that the market is going to do what it almost always does to put buyers -- take their money and not give it back! Yesterday's rally off the lows, is probably just the opening salvo aimed at the bears.

However, bottoms always need to be retested and I wouldn't be surprised to see the market pull back to retest the recent lows before really taking off to the upside again.


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