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XSive

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XSive

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Saturday, 07/12/2008 11:28:05 AM

Saturday, July 12, 2008 11:28:05 AM

Post# of 111148
Dex,Richard, anyone? im studying the indu and dia, i believe the dia is supposed to mimic the indu in its actions, and i know you like the diamonds, my question is this, if i speculate a bottom in the indu at around 10700 by the way the charts looks, but the dia in the same time period i believe 2006 may thru aug, the chart doesnt look the same support and resistance are not the same, 1 how does this disconect happen, 2 if i were trading the DIA, should i watch the INDU for support and resistance and base my trades on the DIA by what i think the INDU is going to do?, or should i watch DIA for its own support and resistance, and not pay attention to what the INDU is doing? thanks for your answers.

benn
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