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ric ingram wrote:
Ira,
At 16:06 09/11/01 +0000, you wrote:
Date:
Fri, 09 Nov 2001 07:43:18 -0800
From: Ira Tunik <irat@xxxxxxxxx>
Subject: Re: Market
My work says that we should get a retracement from here.
We have hit several
of my Price Objectives and they should act as resistance
at this time. Ira.
I agree about retracements - they almost always
always arrive. Common percentages are 30+%, 50+% and 60+% and
100%+ (more often called a reversal).
But to predict or hope (common background to use of word
'should') is often a sign of emotional expectation or belief or psychological
commitment. Any or al of these can tend to lead to future psychological
and/or financial pain.
Be careful what you 'should' for. You might
get it and you might not!
Trading with good feelings, Ric.
www.traderscalm.com
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