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  • Monday, August 08, 2005

    Scalping Mode

    Looks like I'm in scalping mode today. The way I see it today is that you have to take your profits quickly. That's why taking some shares off for a .20-.25cent winner is not a bad idea,at least in the nyse stocks with the action I'm seeing.Unless the SPU5 breaks the 1227.50 area I would be very cautious with any shorts here. If we get a move below that the momentum down could pick up a little,but I still would not expect much before tomorrow.


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