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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (5297)10/4/1998 10:09:00 AM
From: SE  Read Replies (3) of 44573
 
I don't believe I have ever read as much confusion across SI as I have this weekend. No one seems to know which way the market is going. I have read bull scenarios based on TRIN and A/D readings and other stuff. I have read bear scenarios based on chart formations, and e wave and other stuff.

It seems apparent that there is no clear consensus on market direction. That will produce some interesting days the next few days.

I guess the one thing it tells us that it will be neither hard up or hard down....however, if the consensus is split does that mean a flat market would be the expectation at which point, of course, we have to go against the expectation and rule hard up or hard down.

Ah forget it.

Much too confusing this early.

-Scott
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