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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (23226)11/23/1999 5:29:00 PM
From: Trader J  Respond to of 56535
 
CD: Naz prediction. As much as I think the general trend will be down ..... this week, I don't think we will continue much further south ...... I think we will have an upside bias for the remainder to the week.

Diminishing volume will give way to the past of least resistance, which is still "up" at this point. Today was nice "check against the boards" for the markets but I don't expect it to continue. I think we will have buyers on many of the tech issues. I am hoping for a weak opening tomorrow, and will be trading any rally.

After this week it is a free for all and I would expect the correction to start for the most part. Would like to see a 750-1000 point decline.

Tj



To: Canuck Dave who wrote (23226)11/23/1999 6:08:00 PM
From: LTK007  Read Replies (2) | Respond to of 56535
 
which would be a reversal of last year---remember last year at this time CD--the inets were raging--and on the 1/2 day Friday they exploded---and then Monday there was a Massive gap-up and then Kerplunk. Max


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