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

To: Greg Jung who wrote (30105)10/15/1999 11:50:00 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 99985
 
>>In November it'll be a new market. There isn't a catalyst for a quick drop.<<

Once the earnings season is over, there won't be much of an incentive for a rally either with nothing to look forward to but rate hikes, Y2K and LOTS of tax loss selling. <ggg>

Santa Claus may not come this year except to bring us a lump of coal. Too far in the future for my charts to tell. Ask Gersh if his charts are singing Christmas carols yet. <g>

Good Luck,

Lee



To: Greg Jung who wrote (30105)10/16/1999 8:18:00 AM
From: gaj  Read Replies (1) | Respond to of 99985
 
catalyst - as someone who thinks that we have at least one more big down day next week but (ST) looking to go long, there definitely, definitely is a huge catalyst out there:
-> china devaluing their currency.

also, i'm not looking to buying weakness, but buying *strength*. and only for a couple days at a time.


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