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Replies to #3786 on Ed's Thread

johnlw

05/28/09 9:16 AM

#3787 RE: KastelCo #3786

The resistance line was formed back in '08 when the market was breaking down, it bumped up against there a couple of times. That is when I placed it, seems to be valid.
Maybe the index bounces between 9-10k before moving on?
Be a drag if it goes back to 7500.

Only Red knows for sure.