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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (11842)2/6/2008 1:29:25 PM
From: wmwmw  Read Replies (1) | Respond to of 12410
 
But there is disagreement on the degree of the risk.
It is over 90% odds on the downside.
market-harmonics.com
It is a game of psychology and the degree of bearishness has not reached where a bottom could be made.
Moreover, the last drop before that bottom would be fierce and fast and big.



To: Patrick Slevin who wrote (11842)2/6/2008 3:01:09 PM
From: Stoctrash  Read Replies (1) | Respond to of 12410
 
Pat,
I like your logic on building the trade or pyramiding, but the way they are moving lately I'm not sure 20 points is enough room.

Some of my best trades were pyramid deals... so I'm biased :-)

ps...what's news?


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