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To: pater tenebrarum who wrote (50644)12/22/2000 9:29:13 AM
From: Nathan  Read Replies (1) | Respond to of 436258
 
Heinz, that means if we go up today and Tuesday it will be a cycle high and should be sold?? Thanks for the calls recently, especially the one of up into 2:00 pm on the 19th and then down...right on the money. Nice work



To: pater tenebrarum who wrote (50644)12/22/2000 9:36:39 AM
From: marginmike  Read Replies (2) | Respond to of 436258
 
I think the hook is Dont fight the fed. Everyone believes lower rates will solve the fundimental issues. However real rates have come down signifigently already.



To: pater tenebrarum who wrote (50644)12/22/2000 9:43:20 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Bruce Lee and the ninja bears are beating it back at this level -- got lots o' resistance? I am not saying it will not eventually break through, but I have just bet it will not get through on the first crack.



To: pater tenebrarum who wrote (50644)12/22/2000 9:47:27 AM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
The thing at play here is critical. The weekly candles have a chance to close back inside the large flags on both COMPX and NDX. These are the flags whose top lines go from the March high through the Sep 1 high. The equivalent lower line of the flags through corresponding lows is the battle here.



To: pater tenebrarum who wrote (50644)12/22/2000 10:02:33 AM
From: Grandk  Read Replies (4) | Respond to of 436258
 
This should scare every bear into covering.

Message 15071227



To: pater tenebrarum who wrote (50644)12/22/2000 10:39:19 AM
From: Thomas M.  Read Replies (2) | Respond to of 436258
 
Message 15071539

"Additionally, the fractional-reserve ratio, if you use the required reserves and bank savings data provided each week in Barron's, is now a minuscule 1.2%. The textbook average is 10% or more."

HO HO HO!

Tom