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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (26063)7/27/2000 9:09:33 AM
From: Lee Lichterman III  Read Replies (2) of 42787
 
Sorry to hear you were holding that one. Hopefully they will bounce it a bit to allow some shorts to jump in and you can exit with a minimal loss.

I am confused about the futures though. I had the GLOBEX trigger computed as a heavily weighted upside bias. a minus 2 was still in a buy program territory and so far, they haven't taken it down below that depsite all the hot economic numbers.

Does this mean that the market has an upward bias still, or is this a trap where they will try to take it up a bit then pull the rug out?

Of course I am talking about the SPX not the NASDAQ futures which are already in the toilet.

ECI up 1% but annual in hot at 4.4%. Durable goods came in red hot at 10. What was all that about AG being done raising rates again? -ggg-

I am off to work.

Good Luck,

Lee
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