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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (24383)11/16/1999 7:25:00 AM
From: j g cordes  Read Replies (2) | Respond to of 69828
 
Harry, was reading about PWAV, thought of our previous discussions here... how is everyone? individualinvestor.com

Jim



To: Johnny Canuck who wrote (24383)11/16/1999 8:15:00 AM
From: d. alexander  Read Replies (1) | Respond to of 69828
 
Harry; on the Dow

Closing my charts last night with that one; thot - somewhat sandwiched between OH resistance & short-term ma; maybe right thru, catch up with the Naz; (or maybe pullback, gather strength etc).

Also, did you see this from Schaeffer?

>>>For morning of 11/15/99: Something big seems to be coming up according to the Timing Model. The OEX normally experiences a large move up over two weeks about 31 percent of the time and a large move down 16 percent of the time. The current probabilities are 47 percent of such a move up and 21 percent chance of a large move down. Interestingly enough, there is an FOMC meeting tomorrow that just might be a trigger for such a "large move." Since the Timing Model arrives at its projections only using three indicators (equity put/call ratio, OEX put/call ratio, VIX change), these two factors are "confirming" each other in the potential that a large move may occur.

Very nervous making any judgements based on value. Good heavens, what's that? I'm a chartist. Absolutely kidding.

Dorothy