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let's just say, 6 days ago, a lot of people longed the indexes.
some people think it will reach those predicted highs... it might not, but who knows.
the people that longed 6 days ago on that double bottom (dow), and doji (sp500), are all deep in the money now and locked in.
some people will take profits earlier, but some will hang on till it reaches the expected target.
once it reaches the expected target, some people will short it right away. and play the reverse and... the exact same thing i said above will happen, except on the down side.
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