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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (9644)	3/13/2001 9:12:05 PM
From: Trumptown	Respond to of 11130

<<I was hoping the market would tank again today>> - only on Mondays...sometimes a half tank on Thursday's SR

To: Wayne Rumball who wrote (9644)	3/13/2001 9:25:47 PM
From: ChrisJP	Respond to of 11130

Well Wayne, the 20 dMA on the NASDAQ is 2285 Message 15497461 clearstation.com So if the rally continues ... it appears to be where 1st resistance will hit. Chris

To: Wayne Rumball who wrote (9644)	3/13/2001 9:38:10 PM
From: Bernard Ng	Read Replies (2) \| Respond to of 11130

The rally might continue because of the FOMC meeting... then I think it's a short heaven again... Yes, I think this is a false support, and drag more people into the fantasy of catching the bottom... even if we did bottomed, people shouldn't even dream of having the good old days back, like all the way back to NAZ 5000... I know you guys won't, but I'm sure some lurkers will think this way... It's not possible, can only happen in their dream. I'm ready to short again after the rally. Also agree with Chris 1st resistance level... it's around there at most, then it will tank again. Dow is going to tank too... I think... ;-) Been late in the shorting game, but so far I have captured over 1500 points shorting into every rally, and people keep trying to catch the bottom... they need to see a doctor IMHO. Bernard