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Fast up = Fast down

Started by CLK , Nov 14 2009 06:28 AM

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3 replies to this topic

#1 CLK

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Posted 14 November 2009 - 06:28 AM

Since the bulk of this move happened on two 200+ days I'm looking for siimilar action on the downside. Monday should be down, but if up a little, still should be the top.

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#2 porsche911sg

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Posted 14 November 2009 - 12:20 PM

This down drop could get even larger than the rises with the decrasing volume starting right off from the run of the rally. The phase you have incidicated had decreasing volume on the down side predicting further rise a correction. Here we had incrasing volume on the down side and increasing voulme of the upside. Lets see how the week plays out.

The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

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#3 porsche911sg

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Posted 14 November 2009 - 12:21 PM

double post

Edited by porsche911sg, 14 November 2009 - 12:22 PM.

The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!