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Strategies & Market Trends : 50% Gains Investing

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To: Ray Rueb who wrote (30927)	9/3/2002 3:37:16 AM
From: Ray Rueb	Read Replies (1) of 118717

The next week could be telling... Earlier I said: >>Possibly we're at the end of a 5 week dead cat bounce off the late July lows and we're beginning 5 weeks of slide. and >>my charts are SCREAMING SELL and SHORT AND >>Of course, 5 good strong up days and all those negative charts will look much brighter. I give that a 10% chance of happening. Well, upon reviewing the market this weekend, this week is important. I expect us to go down this week, but if the first 3 days are up, I'll flee from most of my short positions and at least balance my position (if not go long). That having been said, I know from experience that the market HATES uncertainty, even more that it dislikes bad news. The Sept 11 anniversary seems to be making some people jittery, and that is yet another bearish sign. You all be careful out there Ray

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