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

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To: GROUND ZERO™ who wrote (33502)	9/11/1999 7:12:00 AM
From: bearshark	Read Replies (1) of 44573

GZ: I considered the first half-hour as a major failure yesterday for the NYSE stocks and the INDU. No volume; pathetic move. However, the NYSE volume shows there is interest and the junk stocks are being acquired again. These are both needed for an up-move. On the other hand, the bulls have had three chances for a general rally the past three days. Remember the saying, "What you don't use, you lose?" Those little sayings, some developed over the centuries, reflect human experience and are applicable to markets. I was getting the sense of lost opportunity for the bulls as the day wore on yesterday. I haven't looked at yesterday's trading yet in detail but I think we may need to see some correction now. We will see next week.

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