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

To: rocklobster who wrote (43627)	12/15/2000 5:05:22 PM
From: Rande Is	Respond to of 57584

Rock, it is common to see one day end higher within a 4DML. I see nothing unusual and we were close enough to the lows by 1:30 EST to qualify. I think that Ron Insana rallied the Individual Investors by talking about other conditions which led to big rallies. That's about it. I didn't see the sort of institutional orderly buying and the volume consistency and dramatic increase in the A/D that would accompany such a move. So I am still under the impression that we are at the tail of the 3rd day of a 4DML. . .and nothing more. I did cover about half my shorts, but still didn't go long. . .as I doubt we'll see a big gap up on Monday. . . not with Cisco in the news as it is. Rande Is