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Re: ravens723 post# 20607

Friday, 09/07/2012 9:12:24 AM

Friday, September 07, 2012 9:12:24 AM

Post# of 97053
I agree that's more than likely. technical analysis 101 says that a several day run up followed by a retrace to the 50 dma is typical and healthy. if we trade even or have a white candle, our gains are confirmed and this becomes good support. the important thing for today is BID SUPPORT!