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And now we go up^^^
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Mlebrun
Posted 1/23/2008 22:54 (#291325 - in reply to #291140)
Subject: RE: And now we go up^^^


SW MN and Gold Canyon AZ
Volitility is easier to predict than direction. Having said that, I'm looking at selling some more corn and beans off the down trend line, with stops above that. I think it will be important to watch the trading at the down trend line to see if we go thru or bounce off and go lower.
I am short term bearish until we can take out the high established last week. If we go thru the highs buy stops would be triggered and the market should go higher??
I see a left shoulder forming of a head and shoulders ?That would mean the head would be higher than the old highs last week. Could take a while to establish.Time will tell.
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