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  • Thursday, July 28, 2005


    I suspected the market would attempt new highs, but wasn't quite sure(who ever is?), we broke out of a nice little bull flag intraday and closed near the highs.I'm still suspect of this rally,and not feeling very convinced.As for my style of trading, I was getting mixed signals intraday.I feel I am still in the payback cycle this week, and will remain cautious until my signals tell me otherwise. I had several small trades that added up, but have not been able to really catch the bigger moves, and feel my timing is still a bit off.What did work today was shorting the peaks, although I felt like a countertrend trader, and buying the pullbacks.


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