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

To: NOW who wrote (10063)3/5/2009 1:12:37 PM
From: Perspective  Respond to of 41420
 
My general rule is that if there ISN'T something to reverse a trend, then the trend will continue. Which would mean I need to get with the trend. Of course, my expectation is that we will bounce back above these levels within the next three months at some point. I just hope I don't stick with the hedges and end up doing something stupid and ditching them at the worst possible moment.

`BC



To: NOW who wrote (10063)3/5/2009 1:20:25 PM
From: Perspective  Read Replies (1) | Respond to of 41420
 
The trajectory we're on is absolutely unsustainable as well - the falling overhead trendline for the past month or so is falling at a rate of 20% per month! At that clip, you lose 50% per QUARTER! The trendline WILL be broken, and that's probably my multi-day (multi-week?) rally. It will be nice to have some longs then.

`BC


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