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CaribbeanJim

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CaribbeanJim

Re: sammy1024 post# 1868

Wednesday, 11/08/2006 7:23:58 PM

Wednesday, November 08, 2006 7:23:58 PM

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I totally agree, however, I welcome a pullback to the 50dema. I think this run will last much longer if we got a couple strong downs to reset the indicators.

If we don't get a reset before Christmas, it could be a Jan 2004 or Dec 2004 style top.

Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.

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