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S&P 500
5,567.19
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1.06%
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US TECH 100
19,828.00
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0.95%
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Dow Jones
39,375.87
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jonesieatl

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jonesieatl

Re: jonesieatl post# 4073

Friday, 06/20/2008 11:40:30 AM

Friday, June 20, 2008 11:40:30 AM

Post# of 7284
"or will that '3 days in play, take your pay' traders' adage kick in and allow for at least enough temporary consolidation to fill that gap before continuing upwards"

Well , certainly the 3rd day saw the highest prices in this upwards move , and disciplined traders could have exited intraday on that day or could have taken advantage of the 4th day in which the PPS help up pretty good.

Nowhere near filling that gap between $7.7x and $7.9x , and it remains to be seen if the current Russell and production-anticipation environment will allow that to be filled any time soon , or at all.

JMO

jonesie

Yorkville / Cornell Tracking Board #board-9964


"I can think of no more valuable commodity than information"

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