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#1 oextrader

oextrader

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Posted 25 February 2008 - 05:08 PM

Market is in a trading range. The current countertrend rally may well extend into the March 7th period, after which, a resumed decline into the period of April 16 is likely. Watch overbought readings such as RSI 15 or 5, or Stochastic 5 or 15 during the March 7th period to determine exact timing for long profits. From our cycles section. Rick