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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (17521)10/22/2001 9:56:09 PM
From: Perspective  Read Replies (1) of 209892
 
Figured I'd answer before I read any more responses:

DOWN. I think we need more backing and filling under even the bullish scenario here.

Happy to see falling P/C and low volume here. Let me say it's far less important knowing what the outcome will be tomorrow; far more important is where we'll be in the next month or two. We go down into the January festivities, and it's entirely possible that the January effect is a no-show this year. Much of the bounce in beaten down issues has been anticipated, turned into October effect this year.

BC
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