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Thursday, January 31, 2008

The Calender...

fed cut rates by 50bps and gdp results was weak...

as given earlier, the calender shows days where such index moving results are released. yesterday DJ moved up over 200pts and came back down over 200pts. this is a sample of how calender can help you reduce your risk by not being in the market, or holding small overnight during such critical dates.

weakness is everywhere now, DJ made a breakup failure and turned into temp reversal mode. i will give cards to the bears for the moment.

enjoy trading... Heiwa

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