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    « Why Biotech Will Continue to Glimmer | Main | Trading Rule 1: Divide Your Capital »

    August 7, 2009

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    But what's the title and where can I get it? *g*

    Sorry everyone-- full title is High Profits in High Heels: Secrets from Today's Top Women Traders. You can download it right from this site; upper left-hand corner. Enjoy!!

    The flat movement continues closing on the high side this week. We are still clearly in a flat correction move. This flat move we are having for some time now is not a good thing for a trend following system like SATS5. If you go in an out with this kind of movement you must take profit early and wait for the next signal. Turning points at the lower or upper side of the flat move are good entry points.

    Long term I believe we are in a down move. Medium term and counting Elliott waves I believe we should be starting (flat) wave Y down soon.The flat movement continues closing on the high side this week. We are still clearly in a flat correction move. This flat move we are having for some time now is not a good thing for a trend following system like SATS5. If you go in an out with this kind of movement you must take profit early and wait for the next signal. Turning points at the lower or upper side of the flat move are good entry points.

    Long term I believe we are in a down move. Medium term and counting Elliott waves I believe we should be starting (flat) wave Y down soon.

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