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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (34440)9/11/2000 3:53:07 PM
From: Joe Smith  Read Replies (1) of 57584
 
Rande-- Don't really understand how Friday 9/1 was Day one of the ML. Friday was the top of the rally. Can you elucidate? Did the ML start after the morning gap up on 9/1 according to your analysis? I am concerned about events overtaking any kind of technical bounce. One is the rally in energy on the OPEC news. This has to worry investors in tech. Also, the continuation of the strength of financials. This is where the money seems to be going. Finally, there is always the possibility of downgrades or warnings each morning this time of year. Although your indicator of the rarity of a 7DML is important. I feel that these indicators are also hard to ignore.
Thanks
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