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Re: chevdawg18 post# 55992

Monday, 03/10/2008 2:53:41 PM

Monday, March 10, 2008 2:53:41 PM

Post# of 107353
the chart of the last 8 market days has mimicked the chart of the 7 market days from february 15 to 26.

each period of the chart was initiated by a rapid movement up. the first movement was a single day move from about .42 to .66. dpdw then spent a couple days near the top of the previous movement. there was then a big one-day drop, followed by three days fully within that red candle body.

again, the chart from the last 8 market days has taken the same overall path. instead of one big white candle, dpdw took two days to move from about .51 to .72. two days then followed near the top of that movement. there was then a big one-day drop, followed by three days fully within that red candle body (provided that today does).

in short, watch for another breakout to happen very soon... perhaps starting tomorrow.




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