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To: Rich1 who wrote (34270)10/4/2000 4:04:34 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 50167
 
If these markets trade higher early in the after market session, then that would be a positive sign for tomorrow... I mean within the first few hours, well before 10 or 11 pm tonight.....

GZ



To: Rich1 who wrote (34270)10/4/2000 4:24:15 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 50167
 
That was a terrible close... the only hope for the long side now is that the NAZ is way oversold and the DOW is ready to break out to the upside... that could spur some buying tomorrow... tomorrow morning at 8:30 am we have initial jobless claims, maybe that will spark a rally... we all know how these crazy markets love bad news.....<g>

GZ



To: Rich1 who wrote (34270)10/4/2000 4:49:09 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 50167
 
www2.barchart.com

The August 3rd and May 24th lows are trading cycle lows... there are trading cycle lows going back every 9 or 10 weeks... some of them are hard to distinguish because of the kind of cycle they are... I could point them out if you have trouble spotting them... I think today has a good chance for a trading cycle low... the last two cycle lows form a support line that goes back to the lower end of the gap made during the cycle made three or four cycles ago... it looks reasonable for a rally here... we'll know by tomorrow.....<g> NAZ futures are 30 lower right now.....

GZ