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TOB

06/18/12 2:41 PM

#11973 RE: SmarTrader #11968

Yes, I agree with that as well. The double-top can go either way. For me it is a sell signal due to the weekly and monthly charts still being bearish with no near-term support or valid low.

If the Weekly and/or Monthly chart was in an uptrend and bullish, I would instead buy the pull-back in the 0.70 - .080 region after the low @ 0.56 became valid.

GLTY also sir!