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S&P 500
7,408.50
(
-1.24%
)
US TECH 100
28,252.80
(
-1.87%
)
Dow Jones
49,526.17
(
-1.07%
)
Brent Oil
106.70
(
0.00%
)
Bitcoin
79,092.48
(
0.04%
)
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Post# of 37180
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tinman

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tinman

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Re: positiontrader post# 5644

Wednesday, 01/21/2004 3:12:21 PM

Wednesday, January 21, 2004 3:12:21 PM

Post# of 37180
The Dow's direction is rather clear. As Steve said, "Fuck me dead."

By my interpretation the dow became overbought in June of 2003 on the weekly. Since then it has risen 1300 some points and just compressed all of the indicators at their tops. UFB.

10727 will be a double top from March of 2002. Comp already exceeded that top so I imagine Dow man will also.

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