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Do You Really Want to Short at This Level?


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#1 redfoliage2

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Posted 23 October 2008 - 07:56 AM

RF2 IT signal still remains as BUY even after the recent big drop.

Edited by redfoliage2, 23 October 2008 - 07:58 AM.


#2 traderpaul

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Posted 23 October 2008 - 08:10 AM

Will a new low in the indexes turn your IT signal to a sell?
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#3 bob4

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Posted 23 October 2008 - 08:13 AM

"Do You Really Want to Short at This Level?" THE TREND IS DOWN... :huh:

#4 redfoliage2

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Posted 23 October 2008 - 08:14 AM

Will a new low in the indexes turn your IT signal to a sell?

No, the IT cycle is at the bottom (it turned up a week ago and now back down a little but still turning up).

#5 redfoliage2

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Posted 23 October 2008 - 08:17 AM

"Do You Really Want to Short at This Level?"

THE TREND IS DOWN... :huh:

I'd like to say the trend has been down and the big part is done.

#6 Mtrader

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Posted 23 October 2008 - 09:17 AM

If we can get the ES to 1000. Then that confirms your call.
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#7 redfoliage2

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Posted 23 October 2008 - 10:04 AM

If we can get the ES to 1000. Then that confirms your call.

To be fair, my signals tend to be early and need confirmation.

#8 redfoliage2

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Posted 23 October 2008 - 10:17 AM

If we can get the ES to 1000. Then that confirms your call.

To be fair, my signals tend to be early and need confirmation.

I meant that my IT signal tends to be early and need confirmation.

Edited by redfoliage2, 23 October 2008 - 10:19 AM.