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Sunday, January 27, 2008 11:41:20 AM
Quick pop in the morning and then retrace.
Next run should start from the 0.0035-0.0045 level, unless we see a monster PR, which I highly doubt we may get any time soon.
Remember, we had 100% emotional trading on Friday. Look at the upper shadow, which clearly indicates this. The run was initiated by MMs on small buys on ask.
Another concern is that Carnes hasn't made his next move.
I think he should...
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