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Featured Fast Break Article more articles
Euro, S&P, Gold
By: Dominick Mazza  (05/06/2008)
Just looking at the tape from last week reveals the extent to which traders were short stocks after the Fed meeting and forced to cover, which sparked a rally that now has much of Wall Street bullish on stocks. Most traders, if they were able to filter out the noise and focus on charts, probably still did what they were trained to do: sell every trendline, Fibonacci retrace, divergence and moving average that appeared to suggest at least an intermediate term top in stocks. TradingtheCharts.com (TTC), on the other hand, is proof you can do things differently. Read the full article.



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Chart of $SPX
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Symbol Last * Chg Time **
S&P 500 1,425.35 1.78 4:06 PM
Dow Jones Industrial 12,986.80 -5.86 4:02 PM
Nasdaq Composite 2,528.85 -4.88 4:00 PM
FTSE 100 6,304.30 52.50 4:35 PM
DAX 7,156.55 75.50 5:45 PM
Hang Seng 25,618.86 105.15 4:01 PM
IBEX 35 14,124.80 -61.60 5:35 PM
MIB 30 35,194.00 190.00 5:43 PM
* Min. delay - 10 mins        ** Greenwich Mean Time

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