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yes indeed,and if you use price levels, s/r's
as your guide a short thru that congestion low at 893 was a low-risk sell.
Also, a sell into the rth gap this a.m. was certainly called for as it set up
perfectly and would not have taken you out even using the conservative
pivot-support-now-resistance price at 899 as your stop. I know there are many
ways to trade but I have been taught the KISS method and the simple axiom: Price
Rules.
Harry
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ira
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">real traders
Sent: Monday, April 07, 2003 3:47
PM
Subject: [RT] S&P
Well 894-6 did act as support for a couple of
hours and then failed. To
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