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

To: skinowski who wrote (9187)	10/31/2008 6:56:38 PM
From: Perspective	Read Replies (1) \| Respond to of 41593

Confirmation that we're still in a bear can be seen by the last hour activity. Once again, a pretty solid selloff. Nobody is willing to take positions home, and sells them off before the close even if they're daytrading long. Could this mark the completion of the 4 of 3? Would be incredible if that $RUT ramp continued much longer without a pause. Granted, it came off a collapse, but it rose 23% off the 440 low pretty much without pause. This is pretty close to the 38% retrace of the downleg off the August high. I was wondering why, despite my hedging, I was hurt the past couple of days. That was my answer - I've been hedging with SPX, which hasn't performed nearly as well. `BC