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To: POKERSAM who wrote (28202)	5/31/2018 7:31:30 PM
From: skinowski	Respond to of 41480

I like junctures like the one I described for entries and exits. Like, when the second leg down became obvious, it was a good risk/reward entry for shorts... meaning, if the market rebounded to take out that intraday high, the decline off yesterday's top would have been proven to be a three-waver. Works the same way, of course, for long entries.. as well as for increasing or tapering positions.

To: POKERSAM who wrote (28202)	6/1/2018 9:47:49 AM
From: Fintas	Respond to of 41480

Off topic. FA When the market prices things for best case scenarios rising wages is not a good thing. I don't know when MS market will react for such but it's coming IMO ON topic. Just another detail to support the lean is down and this gap UP this AM like many before it of recent will be filled. That supports your DOWN view. Fintas