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Strategies & Market Trends : Steve's Channelling Thread

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To: ajtj99 who wrote (25197)	8/23/2001 10:14:30 AM
From: anon	Read Replies (2) of 30051

aj, you could be right. It's tough for me to get a good read over the next week. My intraday stuff have been decent but my daily stuff have been off, with that said i have a low at the end of the month which goes against the end of month trend we established so far: 6/5 high 7/2 high 8/2 high 1st week of sept high? I suppose we can still get a low at the end of the month and rally the first week of sept but like i said, my daily stuff have been off. The last low i had was 8/14, which turned out to be the high before we collapsed. The last high i had was 8/22 which was a low (so far), so if you just think of them as CIT's instead i suppose that would work. -g- By the way, my stuff don't invert , they only shift left or right so i don't know what to make of this. Next low i have is 8/31 and i also have a CIT on 8/29 (high or low i don't know, also don't know how big this CIT is either, i think we'll be volatile at end of month) i think i read somewhere that the first week of sept has been consistently up over quite a few years (but i'm not sure) so we'll see.. edit: 5/2 was a high too!

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