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Financials bounce it right on hourly 900


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#1 K Wave

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Posted 03 September 2013 - 08:45 AM

The hourly 900 often time marks big swing pivots, and the financials have been one of the stronger sectors for awhile now...

So bears may have just lost an important battle....

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Edited by K Wave, 03 September 2013 - 08:46 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2 PrintFaster

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Posted 03 September 2013 - 09:12 AM

Who would have ever guessed that a credit card stock would have been one of the greatest "buy and hold" plays the last 5 years. When the next bear market starts, look for these overextended charts to break first. [attachment=21475:ma0903.png]