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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: idealist1 who wrote (5926)9/21/2000 11:14:52 PM
From: KymarFye  Respond to of 100058
 
3600 looks very likely, but think a true sell-off to a tradable bottom will probably require we finally break down out of the Summer's trading range--which also happens to have been pretty much defined by April 4, Wack Tuesday. I'd consider a close below 3600 (especially with penetration of 3582) for the first time since May a strong signal for the SAT of all re-tests.



To: idealist1 who wrote (5926)9/22/2000 3:42:21 AM
From: Drbob512  Read Replies (1) | Respond to of 100058
 
idealist: I agree that the 3582 area will likely be printed but the question once we get there is whether we can bottom out in a selling climax.

I think you will be fine in your incremental buys, which means you did not shoot your wad but still have a lot of cash to buy at lower prices, in anticipation of bull mkt later this Fall...


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