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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: HammerHead who wrote (87203)	4/13/2009 6:17:45 PM
From: GROUND ZERO™	Respond to of 94695

My guess is we'll see some retreat from here... 858.20 was my next overhead resistance point, and we've reached it and rallied above it by 4 points before backing off... the fact that we rallied above it is bullish, but right now we're too over extended on the upside for this market to move much higher without some sort of backing up.... I will buy the dip, if we get a dip tomorrow... After this scheduled pull back, 870.60 is the next overhead resistance point... GZ