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leftybobcat

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leftybobcat

Re: jonesieatl post# 18

Friday, 09/16/2005 3:40:52 PM

Friday, September 16, 2005 3:40:52 PM

Post# of 119
Great stuff. Thanks Jonesie.

So based on your post...a buy signal is generated when the Magic Box setup is confirmed by the W%R(9) moving over 50? Do you use other indicators to confirm as well? What is your buying strategy once your setup is confirmed (i.e. Do you buy immediately at market, using limits, or by feel, etc.)?

Also...I would be interested in knowing what your flip side setup/indicators are signaling when the uptrend is over and its time to exit the position? Have you found these to be as valid in "a lot" of instances as well in their ability to presage price depreciation?

Regards,

Lefty
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