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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (2481)	5/11/2001 4:04:12 PM
From: AllansAlias	Read Replies (2) of 209892

No way man. I like my sleep. You can have those gamblers. RSI divergence continues. Take a look at 30min -- no new RSI low. Grmmph! It's a small thing. One can't read much of anything when all the market does is go sideways, and that is precisely all it has done. Rate cuts up the wazoo... DOW/NYA hasn't done squat in 2 years. Money printing beyond what even the most insane monetary liberal would sanction. The fastest rally off of lows in the history of American markets. Consumer credit max'ed out past comprehension. WS equity allocations at record highs. Commercials still net short. Fannie Mae issing new paper to the masses. Yup, situtaion normal -- AFU. I wouln't buy leap calls on this market with your money -g. One may as well just flush it down the toilet and get it over without the pain.

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