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DT . . .
You may be very right. ^^_^^ I got flat -- completely flat. I
don't let winners become losers.
At 2 pm we were still treading water at the key levels, with the
market clearly looking for an upside breakout. At that time machinery
orders were released, and it was a negative surprise. Futures
*tanked* in the last hour. In the face of so much volume, I decided
to just get out and let the dust settle. Very, very negative close, @
10,846. I was going to enter here, but it's simply too negative for
my taste. If machinery orders can do this, even after a full one yen
bounce on the forex . . . there isn't enough support, IMHO.
The only thing I was right about was expecting a denouement today. I
think we had one.
Yuki
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