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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (24403)9/1/1999 3:13:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
Don't say that; as right now I'm a dipster <G> , but I got most of
my dip at yesterdays low.
The dollar gasped down yesterday on the open, if it will now
hold big money will buy via a parlay trade with cheap dollars.
-----------
If the dollar breaks support then your right, if not we
will go up, these knee jerks are just part of the game.
If I can get a dip on the QQQ I'll take it but I don't
see it dipping enough yet.
--------
We are range bound right now.
Jim



To: Monty Lenard who wrote (24403)9/2/1999 8:57:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 99985
 
Monty; Looks like you hit that nail on the head but good,
the nuts were weak yesterday, now to top it off the dollar is
getting hit. The first support may be at Mondays low, but we
could take that out easy, the next one is the low on Aug9th
if we take that out then some serious troble could be ahead.
I'll be dumping half or more of my xlf some time today, just in case.
Jim



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