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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: rayrohn who wrote (7179)	6/16/2008 6:46:26 PM
From: skinowski	Respond to of 41420

I am "anticipating" a break of the wiggle wedge of the past few days - and a resumption of the downtrend. Would never do it if SPX wouldn't be approaching the important resistance near 1375. I suspect there may be another swing up tomorrow (or maybe not), but I'll be traveling. DUG so far hasn't done anything bullish - in any time frame from 30 min up. AMD was a nice play for me. Posted the chart below back in April. Mostly out by now. Will use trailing stops - under prior minor lows, the last being 6.92 on 6/11. Not exactly as expected, but worked out!