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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.38

+0.1%

Nov 12 4:00 PM EST

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To: bobby beara who wrote (66796)	1/13/2001 2:52:30 PM
From: NucTrader	Read Replies (2) of 99985

Bobby, I did miss that post! Could have saved myself some $$ had I seen it (or had I paid any attention to my indicator) but had it pegged mentally as a (relative) long term holding so I wouldn't constantly be looking over my shoulder at it. Still got it. I was looking real hard here at DUK and NEM for buys, but like you find the NAZ hard to read, and seeing all these posts about Wolanchuk saying now's the time to hop in with both feet doesn't make me feel any more secure. I think shorting the DOW would be a safer stategy than shorting the NAZ should things begin to weaken (and in a way gold is a historical way of being at least contrary to the DOW). Then again - Cyclepro has a nasty looking EW on the COMPX projecting well below 2000. I also wonder if the natural gas players may have a little rebound here. What thinkest thou of NEM, DUK, and oh, let's say APA?

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