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kurt kallaus wrote:
>
> Rick, Do you interpret your 7-22 S&P stock turn to be a top today ?
>
> Kurt
> Sunnen@xxxxxxx
I know not whether a turn be high or low, only that if I were to trade
such information I would trade in the direction of the trend only and
may even find it wise to confirm first.
What I was 'expecting' was a bottom turn of a retracement move in an up
trend market. What I figured I got was a turn that came about one day
early. What I ended up with will be known for sure tomorrow if the high
of 7/22 is exceeded or not.
Thus the importance of trading with rules.
:)
rick
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