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northam43

12/07/11 1:47 PM

#1514 RE: Torqputty #1513

Torqputty - Yes, an increase in Buy Blocker activity would suggest that multiple time frames are going into a Phase 1. As time goes on less Buy Blockers should be active, especially when the SPX gets into a Weekly/Monthly Phase 2, then you will mainly just have the 60 min & Daily Buy Blockers being active.