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To: Bijon who wrote (20945)10/7/1999 7:05:00 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
>>> any thoughts on Friday's employment number, could end the good times real quickly

I'm trying hard not to think right now
thinking has put me on the wrong side of a few trades the last few days

many stocks/sectors seem to do the exact opposite from what one would think using historical "rules'

NASD right at its all time high
DOW, came off 10,000 support
is testing 10,600 short tern resistance

A/D line generally stinks while the index's are running up

nets are wild; no sales or earnings mean a higher price
solid companies, low P/E's, mean down

one day it's the end of the world, the next all is well again

all I know right now is that this is a pure traders market

your thoughts?