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#1 Tor

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Posted 27 March 2008 - 03:02 PM

SPX June 1328, stop 1338. As islander says, trend is friend.
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#2 dcengr

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Posted 27 March 2008 - 03:03 PM

Tor, do you ever read my blog?
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#3 Tor

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Posted 27 March 2008 - 03:21 PM

Tor, do you ever read my blog?


yes, sometimes. I think your work is first class and I really respect it. But I do trade alone. It seems to work ok for now.

what is your current thinking?

I am looking for a retest.
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The future is 90% present and 10% vision.

#4 Tor

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Posted 27 March 2008 - 03:22 PM

Tor, do you ever read my blog?


yes, sometimes and I really respect your work and in my eyes you are a highly respected trader. I am grateful to you for helping in your work.

For now I se a window for a retest down. Next 2 weeks are gonna be choppy waters.

Edited by Tor, 27 March 2008 - 03:27 PM.

Observer

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#5 dcengr

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Posted 27 March 2008 - 03:31 PM

Ok just wondering.. because you're doing just about everything opposite I'm doing.
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#6 Tor

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Posted 27 March 2008 - 04:17 PM

Ok just wondering.. because you're doing just about everything opposite I'm doing.


ok. I still think the lows are infor moment. I am looking at the breadth, the up days the time windows and also the money supply and high cash levels.

It is possible there is simply a buyrs strike and the trend will dominate. i agree with NAV it is generally the most dominant force, but I am thinking the lows need more hammering out but the benefit of doubt still goes in their favour. If that makes sense.

cheers.
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#7 dcengr

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Posted 27 March 2008 - 06:36 PM

If the lows are in for the moment, why are you short?
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