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S&P 500
5,904.00
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2.10%
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US TECH 100
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2.18%
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Dow Jones
43,574.91
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swannny

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swannny

Re: redlobster post# 8561

Wednesday, 08/06/2008 8:16:20 PM

Wednesday, August 06, 2008 8:16:20 PM

Post# of 16569
I am seeing what everyones thoughts are. The trading at eod showed there will be more growth. Todays candlestick broke the downtrend line. If we can hold above the upper bolliger band I think we are in great shape. The RSI, CMF and MFI still show room for growth. I am in now way saying it is down hill from here I am saying if you go by pattern this is almost done. But the resistance that has been broken so far can run this up much more.

I feel as of late the buying that has occurred from .008 and up is because of the chart. If the chart keeps breaking resistances we are in good shape.

So I am just seeing thoughts from everyone else.


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