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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (155781)	10/9/2008 6:45:38 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

I reiterate; if I were the PPT, or if I were a large futures trader thinking I could "defend" DJIA 10K (and make a killing doing it), I would be shorting futures all week on the initial breach. Then I would lay all over the BUY button mercilessly starting at about 3PM Friday. Relentless, non-stop, buy-at-market orders. Or, if it seemed to soon to defend the line, I'd sell even into next week, and buy hard the following Friday. It's only another three days, and then you get a reversal candle on the weeklies. I'm inclined to hedge some tomorrow afternoon, just for a quick trade, and look to hedge more next week if there's more down. `BC