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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (1352)11/22/1999 1:34:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 11513
 
John,

Your NASD fork works also and the two are much stronger together. This market may not sell off as expected but follow these 2 tines.

With new highs just made in NASD and SPX....both clear signs of broad participation and the recent structural improvements with VLE and RUT, how can Granville suggest we are in a bear market.

It's not here yet? But I believe the first quarter 2000 may provide an opportunity.

Chip



To: John Pitera who wrote (1352)11/23/1999 5:43:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 11513
 
John,

I think Joe Granville makes a very cogent point about how Dow Jones switches companies to continue making their average look better while the rest of the market craps out... Joe has been calling a top to the DOW ever since it hit 1,000 some years ago, but I agree with you that this probably makes him one of the most interesting and provocative people on Wall Street... thanks for posting that note...

GZ


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