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I think it is only significant since it is a .618 retracement of the day.
Notice it kinda barreled outa there pretty easy.
Short covering in my opinion. Going below it causes concern.... :) for
one's long side,
IMO.
don
> Traders
>
> Would anyone characterize 1212 as strong support?
>
> Or terror of the deep?
>
> Or none of the above?
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>
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>
> Michael: WL7BDN@xxxxxxxxxxxxx
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