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Post# of 16882
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off-floor-trader

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off-floor-trader

Re: cubs post# 12702

Friday, 05/02/2008 12:22:11 PM

Friday, May 02, 2008 12:22:11 PM

Post# of 16882
Technically speaking:

If VDTI holds the .185 it will have broken through an intraday downtrend line. If you take the height of the decending triangle that was broken and project forward, the .23 is the next target. The 200MA is still above at .19 but it's angle of decent (measure of resistance) continues to decrease which is a good sign.

Time will tell.....
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