Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: ~digs who wrote (880)	10/6/2005 1:07:16 PM
From: Jibacoa	Read Replies (1) of 1404

Thanks for the information, but I don't particularly care about Cramer's opinions.<g> There is always some popular "adviser". I don't know if you remember Joe Granville, who in 1981 was able to cause a drop of 2% in the market after he sent a message to his subscribers to "sell everything". (At that time the messages were sent by fax since e-mails were not yet available.<g>) And now although he is more than 80 years old, he still continues to give "advise" and has followers.<g> Elaine Gazarelli was another popular "adviser" in the 90s and still remains bullish. I try to stick with Jesse's advise: " Without faith in its own judgement no man can go very far in this game". "Nobody can give me a tip or a series of tips that will make more money for me than my own judgement." (This last one also helps protecting you on getting involved on "insider's transactions conflicts".<g>) BTW, LEXR hasn't closed its October 3 upgap in spite of the market's behavior this week, which has made quite a few amber warning lights to go on.<g> (LEXR started with a small downgap today, which has already been closed. At present the intraday support is at 7.60 and the resistance at 7.80 ) bigcharts.marketwatch.com The DOW looks like it wamt to test its July 7 L. (Will see if that will hold.<g>) bigcharts.marketwatch.com And I think we will have to wait until Monday to see if the NAZ will be able to hols above 2100 or will come down to the 2000 level.If it does that before then, things may get worse on Monday.<g> bigcharts.marketwatch.com Bernard

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