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Old 03-06-2007, 02:38 PM
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Re: Opening Types and Trader Confidence

Yesterday you can see that price traded to the S1midpoint monthly pivot at 12188 and then made a double top around 11:30 while exceeding that by just a few ticks. Tried to search out more buyers, but when price realized there was nothin to be had....bam. It's starting to happen right now in the markets, so will be interesting to see how the rest of the afternoon pans out.

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