Traders Laboratory - View Single Post - The Markets Said "Oops"
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Old 10-17-2006, 09:31 PM
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Re: The Markets Said "Oops"

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I absolutely love the way the market decides to test the opposite end of a range after encountering price rejection at the other end. Makes a lot of sense because the market's job is to facilitate trade, so when it couldn't find buyers/sellers at today's low, it decided to test the upper limit. Doesn't happen all the time but enough times to make it worth noting. Thanks for pointing it out James.
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