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


To: Rande Is who wrote (45728)1/17/2001 11:44:02 PM
From: HandsOn  Read Replies (1) | Respond to of 57584
 
Congrats on MONEY article my friend, checked it out while grocery shopping at Winne Dixie Tonight. One question, was that picture taken while You were out hunting or do You greet interviewers from the press in that fashion. Either way, You look good!



To: Rande Is who wrote (45728)1/18/2001 11:00:45 PM
From: Mike M  Read Replies (2) | Respond to of 57584
 
Rande, still struggling with your count here. Obviously no 4thDML. Have we broken the cycle or are you still expecting a compounded 4DML? Are you expecting the NAZ to back off below 2600 before the next run or are we on our way by your count?



To: Rande Is who wrote (45728)1/19/2001 12:21:10 AM
From: rocklobster  Read Replies (1) | Respond to of 57584
 
Rande,

I've been talking to a friend tonight, and analyzing the compx chart, and I think what we got here was a compounded S4DML which ended today. We have had eight days up from last monday's gap down which reversed and closed on the high. The futures are Lock Limit Up...which means big gap open tomorrow... So shorts have been absolutely killed here, and any more liquidations of shorts tomorrow morning, which is inevitable with the big gap up, would be the possible culmination of this big move up.

Furthermore, this big gap up, on options expiration removes some of the pain of all the put sellers, and sets us up for a perfect reversal and possible 4DML with the first day beginning tomorrow. this would also make sense, as I heard that the weak after options expiration often goes the opposite direction of the week of options expiration.

Just trying to get this market forcasting down.. I also heard that the ADX line isn't confirming this move up and that today was the first big up day in this recent move that didn't happen on higher volume.

I have been expecting a pullback, and just maybe it will be a 4DML with the big gap coming tomorrow morning.

What do you think..?

rok@pleasecanIhavemymoneyback.com