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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (34278)	9/11/2000 10:21:50 AM
From: Rande Is	Read Replies (3) of 57584

According to my research on 4DMLs and 5DMLs, etc. there is considerable evidence that we could be setting up for a move higher within a few hours. If we get sudden bursts of buying on volume, I'll be there buying with them. The odds are against setting up for another end of day squeeze play. But even if it is, it would lead to a quick bounce back. . . so buying early has less associated trading risk. I am a bit put off by the fact that nobody pointed out that what we have had this week was actually a 5DML. Today would be the 6th day since the morning gap up, which triggered the start. The upward leg "brief relief" was actually on the 4th day, rather than the 3rd, which is typical. Why nobody spotted that means that either this stuff is not getting through .. .or we have the sort of complacency that has been hammered into the heads of U.S. citizens through television. Never lose your edge. Complacency is an enemy of freedom. Rande Is

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