
actio-et-reactio
Balance is but a brief transition between extremes.
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Thursday, April 04, 2002
Wednesday evening
Here's another
short term view which supports the idea of a bit more rally before the next, possibly more sizable correction. That price managed to climb into the next higher fan puts somewhat of a brake on the decline. Alas, the move is nearly fully overbot plus the cluster of Median Lines (chart from afternoon comments) may put a damper on the move at 1406-1411. A better long entry is just around the corner, suggesting that this mini-top should be sold.

Labels: market-calls-dated
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
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