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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (42863)12/6/2000 8:42:07 PM
From: rocklobster  Respond to of 57584
 
Ok....thanks for the clarification....I am finding this concept to be the most usefull one so far... I played the last few dayz like a S4DML and it worked beautifully..

anyway.. I still think we go down for a few dayz.. The SOX failed to clear and hold its trendline support at 600 and many are calling for a retest of its low within the next week. I will be looking to establish long positions next week for a run into the FOMC meeting.. otherwise I will probably just daytrade for the next week or so...

rok



To: Rande Is who wrote (42863)12/6/2000 11:26:38 PM
From: WhatsUpWithThat  Respond to of 57584
 
Note also that with the fact the S&P adds requiring almost $2billion more purchases than the stocks they're replacing, we've been told by several people to watch for sell programmes late Thursday/Friday. Could throw even more of a wrench into things.

Regards
WUWT



To: Rande Is who wrote (42863)12/6/2000 11:26:38 PM
From: WhatsUpWithThat  Respond to of 57584
 
Note also that with the fact the S&P adds requiring almost $2billion more purchases than the stocks they're replacing, we've been told by several people to watch for sell programmes late Thursday/Friday. Could throw even more of a wrench into things.

Regards
WUWT



To: Rande Is who wrote (42863)12/7/2000 9:19:35 AM
From: just_a_passer_b  Read Replies (1) | Respond to of 57584
 
S4DML/4DML??

I'm wondering is we're about to see an interesting phenomenon as a last ditch effort to milk the punters before Greenspan and the Election finally pan out ...

What if we were to look at the possibility that our friends the manipulators have run an S4DML, and used the fast'n'furious upturn in prices as the "bait" for the last 3 days of a normal 4DML instead of the usual "rise and gap up" ploy ?? The psychology would certainly still work.

If it's true, then today and tomorrow should confirm the downtrend, a weekend to worry, and a final coup de grace on Monday, just in time to make a recovery following Greenspan's speech and the Election deadline (didn't Gore's lawyers say it would run to 12 Dec before the issue was finally closed ??).