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To: pater tenebrarum who wrote (11777)8/17/2000 12:34:04 PM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
oct is not the crisis period it used to be.. crisis comes in Aug-sept these days...

don't forget we're still in the Puetz crash window... 2ndry top was back in july... this ain't gonna be easy as pie to catch, whenit goes, it will simply drain VERY VERY fast.... i promise you.... the initial move down will be a surprise just like it was w/ LU, HD, WMT... you name it... except it will likely collapse even faster after that break...



To: pater tenebrarum who wrote (11777)8/17/2000 12:36:59 PM
From: Archie Meeties  Read Replies (1) | Respond to of 436258
 
Gold will anticipate all those statistics. The fed will really have break hard once the stats start showing the pressure... And by that time gold is out of the cage.

I think trouble starts sooner than October - I'm thinking early September. Everybody knows Oct is crash land.



To: pater tenebrarum who wrote (11777)8/17/2000 12:37:02 PM
From: Terry Whitman  Read Replies (1) | Respond to of 436258
 
>nobody gives a damn about oil or gold<

Maybe they should. Long and luvin it- hohoho siliconinvestor.com

There's your new stinkin' economy. -gg-
Of course with this post, I've probably nailed the top. <ng>



To: pater tenebrarum who wrote (11777)8/17/2000 12:39:34 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
Glad I took the 5 points off the table. Still down on the day, but another beer trade and I'm even. Looks like we are building up a little steam here. Probably just going to whip around for awhile, especially given that it is martini-time. (Hell, I actually just had one in sympathy.)

On many charts, such as OEX and NDX, we got a slightly higher low on the last pullback -- that will give us a lower line. This push up will probably give us a lower high so we get an upper line. NDX does not usually drift into a small range out of apexes of coiling formations, so it will be interesting to see which way it goes this afternoon.

I see now that we are getting a nicer relative bounce on NYA and OEX than on NDX. This morning, NDX took out yesterday's high, NYA got there but was rejected, and OEX did not get there. You would think it would not work that way.

I am primarily a pattern trader. Even though containing patterns are more important, I have more winning trades in the afternoons typically because the day has some feel to it after 3/4 hours.