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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (40597)1/10/2001 3:34:59 PM
From: Jack T. Pearson  Read Replies (2) | Respond to of 42787
 
Don,
Are you still going to lighten up on your long positions today?



To: donald sew who wrote (40597)1/10/2001 3:44:03 PM
From: JRI  Respond to of 42787
 
Don, if we finish at the highs...that's gotta be a good sign...definite resilence shown by longs here..they could have caved, yet the shorts are scrambling at close...

Chalk me up for a strong up open/morn if we close near highs here..(don't know about rest of day-g)



To: donald sew who wrote (40597)1/10/2001 4:04:02 PM
From: Paul Shread  Read Replies (2) | Respond to of 42787
 
Thanks, Don. This is a little out on a limb (and probably more in response to earlier messages from JRI and GH that I haven't had time to respond to), but the kind of accumulation and internals that have occurred over the last few weeks are more in keeping with the early stages of a new bull market than with a continuation/consolidation in a bear market. Just based on this observation, this is behaving like a major bottom, IMHO.


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