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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Shaw who wrote (1074)	3/14/2001 1:10:42 AM
From: Abbeydale	Read Replies (2) \| Respond to of 5144

Oops! Posted this on the wrong thread earlier today... any comments (about the stock chart, not that I was sleeping when I posted it)? Message 15495679 Also, have been watching NMR/T as well... It looks poised, but maybe not yet... stockcharts.com[w,a]daolyimy[db][pb50!b200!b1!f][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20] Thanks... still learning! A

To: Shaw who wrote (1074)	3/14/2001 1:31:53 AM
From: Shack	Read Replies (1) \| Respond to of 5144

Yo Shaw. Funny day. Lots of buying on a select few names...interestingly ones with large open interest on their options. They may take some of the big boys right back to Max pain. Should drag the rest of the market somewhat. I am sure its a headfake but I just don't know when to flinch. The resistance which lies ahead is quite formidable. The downtrend line off of Feb 1 and the top of the gap are nearby on the COMPX. S&P has resistance at 1215. Its going to take some solid buying to take those out. I could see them pulling it off though. Didn't add much. I did buy those March CLS puts for fun which may have been a mistake because $40 US held. I have been rotating into April puts on this rally. I will be fading any rallies until I am whipped. I've been using hourly stoch sell signals for timing my shorts and they've worked pretty well. I'll go to calls soon enough but not until I'm stopped out of my shorts. Good point about the DOW, it really didn't get much back of the 400 point drop and neither did the S&P or the NYA. It all smells to me.<g>