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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: pater tenebrarum who wrote (23903)	8/26/1999 1:59:00 PM
From: donald sew	Read Replies (5) of 99985

Heinz, The DOW is down 80, and 75 is the absolute minimum requirement for my CLASS 1 SELL signals so that minimum requirement has been fullfilled. Do we continue down some more for this specific cycle - heck if I know. Im not trading this one with PUTs. Gosh there are hardly any bears anymore. Of those who are looking for a pullback right about now, most are only looking for a small pullback including myself. So where are all the bears for the immediate term. From what I hear on SI and from those I talk to outside of SI, not even 1 is looking for looking for a big pullback right now. Even the big BEAR BILL is looking at 11,500 range. Now that most are expecting futher upside and those expecting a pullback are only calling for a small pullback, I am getting a bit concerned from a contrarian position. Im only talking about the immediate period of 1-5 days. seeya

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