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swmn/soin | It would tell us just how strong this market is by closing higher. From a technical standpoint tho....things are looking like and setting up for a sizable break in my opinion. For one thing the slow stockastics are diverging, the rate of accent is getting steeper by the day and week. Its kind of like an airplane taking off....but one needs to remember that we haven`t left any up there either. I am of the same opinion as SC and you djm, the market needs to take a rest(break) in the near term. Longer term yes, I can envision higher prices, probably some that would scare the end users. | |
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