Ask DrBob Message Board - Msg: 14291207

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	8/29/2000 2:48:21 AM
From: tekie2k	of 100058

el juapo, as for my beliefs and why. i thought i had stated them on many occasions. with this current rally, i stated clearly gap fill then strength and why. i post my opinions and reasons on a daily basis almost. although not nearly to the extent dbob does. nor do i intend to. we are and HAVE NOT STOPPED A VERY LONG BULL RALLY. this huge drop we just had where everyone was killed. on a decade chart trendline we are in a huge bull market as the gen trend that bounced crisply off a trendline that would classify as the upper bollinger band. and as long as im running outside the boll upward, im staying in. rates have killed the market for 6 months? 8 months? intermed and short term trend are now positive on the NO MORE FED RAISES wave. imo, mkt will be happy with no raise next month (but, they need to drop). but, the month after that. if the fed does not LOWER. mkt is not going to be happy and we could easily see 3500. jmo. tk2k

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