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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: t2 who wrote (77653)	5/30/2001 10:54:51 PM
From: bobby beara	Read Replies (1) of 99985

NV, while i was bullish off the bottom in early april, as a trader you have to be market neutral, neither permabull nor permabear and take the hints that the market is giving you and try to take your queen (sorry mithman-ggg- smooch smooch) to queen's level 4. the hints that the patterns and set-ups now tell me that the run from the march lows finished last week and now is not the time to be aggressive on the long side, there were some fantastic gains off the april lows, my account is up 70% from the april lows with minimal use of leverage - i'm sure a lot of people have made good muny in this run, not time to be greedy and try to stay to long the trend and give back this gift of bull booty, this market is not the market of 95-99. b

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