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bodyforlife

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I'm back in with the 25% I pulled off the market. The bible that I use (IBD) has noted a confirmed uptrend in today's paper. I guess I'll see if they are right again (been a pretty good track record with these guys).
 
Michelangelo

Michelangelo

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I'm sure your "bible" is a lot smarter than me BFL. But I'm lookin' for Dow 10,600 before I'll even consider reentering long. I think it's much more likely we'll find resistance at about 10,400-10,500, turn back down and head lower.

GL man.
 

bodyforlife

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Michelangelo said:
I'm sure your "bible" is a lot smarter than me BFL. But I'm lookin' for Dow 10,600 before I'll even consider reentering long. I think it's much more likely we'll find resistance at about 10,400-10,500, turn back down and head lower.

GL man.
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Sounds like I should have stuck with you Michelangelo. What an awful jobs report, ugh! IBD has been good, but I think they might have missed the mark this time. Oh well, can't complain too much. They've saved me a lot of money over the last year (I missed most of this recent 10% drop thanks to their advice). Some of the stop losses may kick in today.
 
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