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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: fourptt who wrote (30522)6/27/1999 11:08:00 PM
From: Doug R  Read Replies (1) | Respond to of 79450
 
Four,

Nice to see you back. I'm long IBM for a while. JSTN for short term then will wait for confirmation that it will verify what it's about to strongly threaten to do for re-entry. Also long 2 others for the intermediate term. I exited the S&P with my 401K in May, got back in for June and am sitting until I get a clear signal one way or the other. It looks suspiciously negative for the markets here. Suspicious because the intermediate and short term stuff is dismal but the long term stuff is still trying to hang on to a bullish profile. I suppose Greenspan has succeeded in sufficiently muddying the waters that everybody's got one foot out the door but they don't really know which way to lean.

Doug R



To: fourptt who wrote (30522)6/27/1999 11:47:00 PM
From: Magnatizer  Respond to of 79450
 
fourputt

Been working out of a daytrading office for the past few weeks. Long term money is still in the market. Short term is flat at the end of every trading day. Until the market gets a trend going I will continue to go flat every day. Hell on commissions but Heaven on nerves...

ht
david