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

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To: SE who wrote (8724)	11/18/1998 7:13:00 PM
From: GROUND ZERO™	of 44573

Scott, I've no idea if the pull back will reach 1120 or if it will stop there, if it goes lower at all. The more near term fork, the less reliable over a longer period of time. The forks that Coug posted are good ones for the longer term picture. Prices are still meandering above the median line (ML) and not yet touching the upper median line (UML). If we get an explosive rally into that UML, then the rally ought to be halted right there. In the meantime, the internals are not impressive and the numbers are dropping off rapidly. We could be in store for a negative 'suprise' in the near future, maybe just in time to unwind long December positions and roll into March. We'll see... GZ

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