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Here is my view and the chart I

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Thursday, September 06, 2012 11:25:30 PM
Re: O-Man post# 584 Post # of 7325 
Here is my view and the chart I posted earlier. When the 60m black lines rolls over its time to think puts along with other things on the chart. Here the thing it might be a pullback or the start of a consolidation period to the 114/115 but not a reversal or break of the overall trend or bump and run since it went above the channel. Now come the decision or the math to see if it the payout will be worth the trouble or do you wait to use the pullback to buy in for the next leg up. Looking at next weeks puts you might swing a 100% out of it but could be rough if the market is green. Market red then maybe easier or more. The problem is the daily looks strong so we have to assume the 60m is just resetting. Now if both where turning down then we look for the big baggers.



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