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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.38

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Nov 12 4:00 PM EST

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To: scotty who wrote (52703)	6/1/2000 9:58:00 AM
From: pater tenebrarum	Read Replies (1) of 99985

Scotty, the buy signal was already given when the inverse h&s formed with bullish oscillator divergences at the bottom (i.e."head"). in this market you have to buy as early as possible when you get a signal, as the duration and extent of the bear rallies can't be predicted with any degree of confidence.otoh, we're nearing the end of the second quarter...one can probably throw darts at whatever are the biggest mutual fund holdings and buy those stocks blindly. we should see a massive jam job ahead of the end of quarter. also we have a triple witch expiration with a full moon to boot...as well as a truly stunning WS propaganda effort ("summer rally", "Fed hikes almost over", etc.). if the market can't rally on all of that, it will be really in trouble. but it doesn't look like that, eh? regards, hb

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