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Politics : High Tolerance Plasticity

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To: Mark Adams who wrote (8811)9/28/2001 7:13:14 PM
From: chowder  Read Replies (1) of 23153
 
Hi Mark! I apologize for taking so long to get back to you.

The chart you posted looks good. It would indicate a trend reversal is underway. I especially liked the hollow red candle at the bottom of the trend. I mentioned the other day that is usually a bullish pattern.

stockcharts.com[h,a]daclyimy[pb20!b10!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]]

In looking at these charts, I'm concerned about what's behind the recent activity. Since we knew in advance that end of quarter activity would potentially give us a near term rally, is today the end of that rally?

I don't know. I do think the market is going lower but that remains to be seen.

Best regards,
dabum
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