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Re: northam43 post# 679

Monday, 08/29/2011 3:28:37 PM

Monday, August 29, 2011 3:28:37 PM

Post# of 2930
Re; northam Comments: SPX Daily

let me see if I understand your comments….

You don't expect this Daily Phase 2 to last more than a day or two, unless the Weekly crosses above the LTL.

You expect price to go back into Daily Phase 1 which could lead to a New Low in the Weekly Phase 1.

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