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

To: Gersh Avery who wrote (52383)	5/27/2000 1:16:00 PM
From: Casaubon	Read Replies (1) \| Respond to of 99985

I tried to move a small chunk of change into the market, for monday, but missed the 4pm cut off due to a server error. Now I'm looking at end of day tuesday prices. I think I'm going to missing the big part of the all important end of month ramp. I'm thinking of cancelling the move and buying a small QQQ position to mimic the move I'm expecting. I think there's going to be a real ramp job Monday, which gets sold into. Just my opinion. Lot's of stuff breaking down trendlines, for no fundamental reason, which have held previously. When I say breaking down for no fundamental reason, I don't mean they deserved to be at those prices in the first place. I mean, those are the prices people were buying at previously, under fundamentally similar conditions. If I'm seeing this breakdown, big money won't allow such an obvious discontinuity because, they will not be able to distribute effectively. Therefore, a ramp job is necessary to keep the fish nibbling. Just don't chomp down too hard on the chum <ggg>.