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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (15076)2/9/1999 1:22:00 PM
From: GROUND ZERO™  Read Replies (3) of 44573
 
Tom,

Yes, you're right. Under 'normal' circumstances, I'd say we've about seen the lows, but I think any rally will be short lived and new lows will be forthcoming for the reasons I posted to you. There are just too many incipient signs of weakness to get my bull juices running, both technical and fundamental. The bear coil I mentioned in an earlier post is generating the major sell off on time.

These markets are behaving like the bear markets of old, the rallies are weak, with no conviction or breadth..... unless an investor/trader has been around before this bull market began in 1987, they haven't really witnessed how a bear market behaves. I think this past week is a good example, and should be observed carefully. I'm sure you've seen it before...<g>

I just posted to Scott, I just shorted one bond at 125-04, just to hold my interest, it's off a recent sell signal and we just had a nice rally today.....

So, I'm short stocks and bonds, go figure.....

GZ
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