John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (4258)	7/12/2001 9:59:28 AM
From: Stoctrash	Read Replies (1) of 33421

Another gap to be sold??? Lets think about this: Msft news on Revenue is great...BUT being the smart players that they are, managed revenue is a well known game all the big guys play and rightfully so. The 2.6B negative....ahhh nevermind that.<GGG> The other big ?-mark is the XP cycle. From what I'm hearing the adoption is not going to be like past cycles, IMO. The positive you point out is the psychology...just don't drink the Kool-Aid :-) Daily wise I need a close above 43.75~ to get a buy sig today. I think trading range is still the ticket 45-39 QQQ. Hourlies are long on the gap up but not breaking the 42.75~ recent high and holding would be sorta negative...bwtfdik..

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