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To: James Strauss who wrote (28054)8/21/2000 11:53:43 AM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
Agree that the current move (30 min bars) is up ..

The pattern around the FOMC is to run up into it and then a little follow through.



To: James Strauss who wrote (28054)8/21/2000 12:18:56 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
James,

>>>>> The trend of the lows is up on both the NDX and SPX... So, regardless of the wiggles on the short term charts, the primary trend appears to be up...<<<<<

It appears that you are ignoring the fact that the oscillations between the troughs are narrowing also, which is a characteristic of BEARISH WEDGES ggggggg

I prefer to consider all factors whether bullish or bearish, and not to ignore any factors even if it is not in line with what I believe. Its your choice to ignore certain factors, heck you could be right. Again I just feel more comfortable to look at all factors and not to limit some, but I have been called stupid many times.

seeya