I'm a little disappointed in bulls, this pullback is larger than I thought, although I still expect a rebound but most likely it's a lower high.
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nasa1100 wrote:5.8 earthquick hit virginia a few min ago!!
yes, I felt that and ran out side for awhile.
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hopefully this small double bottom could lead to a rebound.
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KENA wrote:FYI..I just heard that the GDP will not be on Thur. as schulded.Has been moved to Fri 1 1/2 hr befor Big Ben speaks.Look like the # could be bad and Ben will temper the info.This action kind of smells..This is a rumor so take for what it is worth.
double bottom breakout, not confirmed yet but no harm to know the text book target.
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The market shows less hysteria for the quake than the media... This 60min chart is still on a sell signal, for bulls it's essential that price pierces the two MAs as soon as possible:
good, I believe I made the 2nd score, underestimated the pullback size though. The 3rd part - the pullback part may need adjust depends on how strong this rebound goes. let's wait.
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Cobra wrote:good, I believe I made the 2nd score, underestimated the pullback size though. The 3rd part - the pullback part may need adjust depends on how strong this rebound goes. let's wait.
Thumbs up (need a smily for this ). Now better drop, drop, and drop