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Quick Observation re. S&P:
I went back and followed the charts for the past 2 years and noted
that whenever the prices advanced or declined 50 to 80 points above
or below the Linear Regression line there was a sharp retracement
toward the line within one to three days.We are at the higher end of
being above the line.
I expect to follow my system but I would be surprised if it does not
go short.I found this interesting and wanted to share it.
Sincerely,
John
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