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Old 05-07-2008, 04:13 PM
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This member is the original thread starter. Re: Riding the Wyckoff Wave

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Then again, perhaps not.
The key words were -- correctly -- "for now", which is an aspect of this that the pundit wannabees continue to miss. While they may pay lip service to the idea of taking it all "day by day", they are also compelled to "make calls" in order to demonstrate how much they know. Or, actually, don't know. And thus get it wrong yet again.

We are now back where we started at the "selling climax", and those who bought here and stopped thinking have now watched all their profits evaporate. Or at least ES and YM (NQ has given back only 75%). What will be interesting now is how they react.

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