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Strategies & Market Trends : games trader group

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To: John Paquet who wrote (7)9/16/1999 2:51:00 PM
From: John Paquet  Read Replies (3) of 507
 
Dow -170 points has been wiped out now only down 20, indeed SP is up, look for Dow closed up for a change.

As inflation is still not a threat, OIL index has been down substatiantially, OPEC meeting is not a threat either.

So equity market will look good from here I mean Dow, Nasdaq, and S$P etc.

That black BEAUTY PENNY still hanging tough .205 to .22.

I was anticipating a big breakout @.22 but there are 882 lots for sell @.22, it would take a while yet. Maybe tomorrow or neXt day, soon it will.

GTR looked ever scary down down new low each day, today break that $4.40 which very much under Y's underwrting price @$4.50. Everyone is losing money and it is just the beginning. It will lose more big time. And I am not kidding at all.

The price action can not justify GTR hanging above that $4.00 at all.

BIO is very much speculation, it is a fluke, it is a game. That is all. So play the game intelligently and smartly. In and out fast small margin profits and small margin taking losess if necessary.

John Paquet
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