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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (1394)7/16/2008 7:57:21 PM
From: jjstingray  Respond to of 3209
 
Or that is just a nice three wave correction off of the low and we head back down. I think the S&P has a similar pattern. Tomorrow is key, could be we just completed a correction and we head back down.

Ebay getting hammered after the bell. This seems to be getting very common lately.



To: John Madarasz who wrote (1394)7/21/2008 12:27:01 PM
From: John Madarasz  Read Replies (1) | Respond to of 3209
 
UYG Financials etf update

Here's a quick chart showing possible overhead resistance in the ultralong Proshares etf...UYG. Now that options ex is out of the way...it will be interesting to see how price "manages" ;~)

Right now August 2008 max pain value is 17...right at the bottom of the gap and channel



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