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

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To: Tom Trader who wrote (7941)	11/5/1998 8:38:00 PM
From: Suresh	Read Replies (1) of 44573

Hi Tom, don't you think if we just keep on rallying taking out almost all overhead supply, at the very first sign of trouble those who missed selling at the top before would be the one to pull the trigger? It is an astonishing rally... even minor dip is being bought. So, I am thinking that most of the buying pressure would have eased when we retrace all the way to top and there may not be many buyers left for minor corrections afterwards. Then again.. if they keep pumping money to the economy we may have more money going into the market and it does not matter. I just checked the specialist and member short position and it is way up! I am pretty sure somehow many of them will come out ahead in the end. Regards, Suresh

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