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Old 07-03-2007, 03:55 AM
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Re: Pivot Points - John F. Carter

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I've usually found that around pivots its a good idea to watch the tape and volume closely to see how strong the movement towards the pivot is. Like Brown said indicators don't always work!
I agree completely, and you'll usually notice the tape move faster when you approach a pivot level. Just another reason to follow your stops, you won't always be right and things don't always work out.

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