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Strategies & Market Trends : Steve's Channelling Thread
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To: TREND1 who wrote (17133)6/5/2001 6:44:16 PM
From: ajtj99  Read Replies (2) of 30051
 
Larry, we are so close to so many Fib retrace levels on so many indexes that you can't make a strong case right now for the Bull, IMO.

If we go down tomorrow, the Bull is BS, and the Bear is back in play.

The MM's have shaken things up enough to make options expiration a benign event for themselves. If we drop like a lead brick into the middle of next week, they'll still come out OK now.
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