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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Original Mad Dog who wrote (3089)	2/8/2001 2:47:59 PM
From: Augustus Gloop	Read Replies (1) of 15481

Even though I'm washed up I'll give you folks the gloopdicator on request :-) Phase 1 - was down less than a point. This means watch the 1:30 - 2:00 period but overall phase 1 was a push ie. hold. I have noticed that when the phase 1 is a push that we many times seem to strike a low point near 2:00....like 1:58. This does not mean low of the day but rather kind of a shake out low. Phase 2 starts at 2:17 and ends and 2:23. This period can give us an idea of how the market will finish. Now with the market as up and down as it is I must admit that the gloopdicator is less reliable these day. ALL TIMES ARE CST.

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