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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: SBHX who wrote (131)5/31/2000 8:46:00 AM
From: the Chief   of 234
 
We should have a pullback with consolidation in the 3360-3400 range, which would be extremly healthy today. My original thought of the bottom being 3360 and the market visiting 3390 occassionally but sustaining 3400+ was posted on the other thread, which by the way LG the moderator has excluded me. Thats generally because he only wants to hear "bearish" indications and doom and gloom scenarios only, which of couurse supports "his" position.

I honestly believe the trading range this market wants to remain in is 3400-3650 and if we close the week out above 3400 I believe that will solidify this "momentary" bear and we will embark on the next stage of the bull.
Message 13668402

Just so all of you know, I have "excluded" LG from this thread in retaliation for him doing the same to me. I am sure it will have no impact, just a point to be made.

Meanwhile anything above 3360 by the end of the week and this bear is over. We saw the first stage of the non-existent sideline money come into the market, after employment figures come out Friday, if they are good, then I will declare it officially over, and DEAD!

just another BS guess!

the Chief
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