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today's action: the wollie "balloon underwater"


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#1 humble1

humble1

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Posted 24 March 2009 - 11:49 AM

imagery, at the right time, is a good trading technique. this market sure looks like the "balloon underwater" which wollie talks about: waaay underwater and heading for the surface, waaaay up there. btw, i have yet to hear an explanation how p/c and volume indicators failed to warn their followers about a 156 point, 23%, rally in seventeen days. don't you think that is worthy of examination? comments? :)