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[tommyt]

most profitable long trades in declines for scalpers are from buying when down and exiting near unch...cause the mkt doesn't spend much time on the upside...which seems to be the case so far. As the mkt is able to spend more time up on the day, you can adjust accordingly. And the early oversold rallies come as gap up opens, which don't last either. The board seems full of buyers, including myself, which is probably an early sign....and seems early for any big rallies to hold, but, there are many ways to skin a cat.