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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (12140)9/5/2001 1:28:23 PM
From: JRI  Read Replies (2) of 209892
 
But of course April low will provide a bounce, but the fear indices are not going to make extreme levels by then, IMO, so besides some short-covering, and a few traders buying the double bottom (which should be a good, tradeable bounce-like you say)..this thing looks screwed to me...

If fear were a lot higher, I could see a huge double-bottom bounce....as is, any bounce will probably just bring complacency or better said, relieve the uptrend for fear indices and allow for more down...

Csco breaking down and heading for April low....Softie got a date with high 40s IMO..

And we're only in the 2nd trading day in Sept....I noticed gem-x is nowhere to be found

Note: Such posts by me usually lead to intra-day turnarounds ng
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