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To: patron_anejo_por_favor who wrote (19660)9/19/2000 5:07:31 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Whole SLEW of earnings and/or revenue warnings after the close:

SEH, CNF, TSCM, HEAR, WHC, LZ, PTNX...I'll look for links. Wonder how many will cite fuel costs?



To: patron_anejo_por_favor who wrote (19660)9/19/2000 5:09:59 PM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
i think he's right, but i have nothing to support that w/.... today was bullish, period.



To: patron_anejo_por_favor who wrote (19660)9/19/2000 6:48:31 PM
From: UnBelievable  Read Replies (2) | Respond to of 436258
 
Temple Is Very Good and VERY Careful

Today was more Bull Chit than Bullish.

Yesterday $COMPX fell under the 5/24 and 8/3 bottom trend and landed on the May 2, 2000 gap for support. Today was a rally back to support, now resistance, very usual. The bottom of that gap is real attractive.

Yesterday $SPX fell into the gap of June 2 and went a little below the bottom of the gap and the 200 SMA. Today's rally was capped by the top of the gap which is now resistance. $OEX looks terminal.

$NYAX got support from the low trend line drawn from 2/28 and 7/28, but not before putting the first stick through that line. Today's close of 661 is well below the 50 SMA of 664 which is about in the middle of yesterday's black candle.

$INDU put in a black Doji right in the apex of the symmetrical triangle it had escaped August 14, and right under the 200 SMA.

If you want to know the future look at $TRAN.

It may not be tomorrow but it will be. Anyone willing to guarantee that it doesn't happen until after the election is a fool. I'd like them to put their money where their mouth is, in Gold or Oil.

They can run but they can't hide.

BTW - The market goes up and down - even when it is going down.



To: patron_anejo_por_favor who wrote (19660)9/19/2000 7:55:26 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
I am a new subscriber to his site and I have *never* been more impressed with anyone's approach. He may not be right on this call, but he is the best off-the-floor scalp trader I have ever encountered.

BTW, although he uses Elliot, it is not the key element of his approach and one can adopt/adapt 95% of his work without ever reading a word about Elliot.

There is no holy grail, but for those who aspire to s-t trading success, this is *the* way imo. You will find more wisdom in his approach that you can buy in any book on daytrading, most of which are just useless.

BTW, he will not get killed tomorrow because I doubt very strongly that he has a position based on the possibility that he proposes.