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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (367)	3/9/2000 9:25:00 AM
From: wlheatmoon	Read Replies (1) \| Respond to of 33421

chip, i know very little TA...but the chart you posted suggests lower high, lower low, head and shoulder,,,and a plunge into the abyss....at least, that's what i see... see,,,i told ya i know very little TA,,,-g- mike

To: Chip McVickar who wrote (367)	3/9/2000 1:13:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 33421

Chip, I agree with you completely... it's always fascinating to see that these forks hold true... I'm always amazed also... I was only suggesting that the most recent fork is the most reliable trading fork... maybe after a good rally, we might break.. but, as I mentioned earlier, I'd take a very cautious long position which, so far, looks decent.... I'd sell calls into these rallies in addition to a long contract position and play both sides that way, this is the perfect market for stripping premiums..... GZ