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Old 04-16-2013, 03:29 PM   #8602
Ulic Qel-Droma
I keep RS good
 
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Join Date: May 2001
Location: Cosmos
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Quote:
Originally Posted by will068 View Post
That's what I'm fearing too. Perhaps an Entry level 5 % below the support dotted line then I'm good ?

Man, I feel like I'm speculating right now. The Market feels "frothy". Lots of bubbles left.
Quote:
Originally Posted by strykn View Post
Oh long term, yea.. I think yesterday was a shake out and bear trap, if we close at highs today, i see another 20 points in short term to upside, then the short around spx 1600~... timing is key, i bet you are right on ur short thesis will, its all about the timing haha
yeah i bit my lips, grabbed my balls and longed. it's worked for everyone else every time it's pulled back this low, logic and statistics dictates it should do it again.

and im up 14.5 points on sp500. we'll see how it goes. im already locked in some profit so i can just close my eyes and let it do its thing.
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