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June 08, 2007

Comments

Colin

Hey,

That looks like a beautiful spot to fade the open after the first bar. Large relative volume, big movement upwards, I assume those are bollinger bands, you could take out a nice 15 pt trade just using the middle band/previous days close as an exit signal.

MA test on decline volume, it looks like the value zone is going to be in the 6210 range, I'd be looking to go short at some stage, although I'm not familiar with the SPI200 and its tendencies.

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