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Old 04-12-2008, 07:55 PM
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Re: Riding the Wyckoff Wave

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Hello, sulong. Yes, materials and energy have been doing well, and that would be the place to look for longs when we turn. Do you think it's too late to short?

Incidentally, I should have mentioned that transports are having trouble at resistance as well.
Over all, no.
I did this DIA overlay with a Mamis sentiment chart. On it you can see where my best guess is.

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