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Gitanshu,
If you're reading the data so is somebody
else, maybe somebody with deeper pockets, a richer client perhaps who will
gladly pay someone for the research. Not so much the money but
guessing the correct direction the equity will take, a gamblers mentality
with megabucks and being right is what counts. Thus I would wait
until a pullback to support. I'm sometimes whipsawed by the perfect
chart and lookin' for answers and I I frequently deal with all kinds
of gamblers....Russ.
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