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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: virtualsignal who wrote (44287)	3/24/2001 1:13:52 PM
From: Louis V. Lambrecht	Respond to of 44573

VS - sometimes I am lucky. Changing mu short term bias to slightly bullish. If prices improve a bit. the is a possibility that investors would keep their funds and not redeem them to pay taxes. IMHO, many funds are at a life or death point. Volumes were questionnable, both Tue and Fri. Too high: many big players have been in and out the same day. Masdaq TRIN showed signs of control: spikes almost istantly met with throughs. More tha 20% moves wihin a minute. A sign,to me, that this market is controlled. Candlesticks are too good to be true, on Dow, Spoo, Russel1000 suggesting a reversal. In a bear amrket? Nah! Hence expecting a sukers rally to last as long as funds have ammunition. Some 2.2% on the spoo before hitting first resistance. 3 days? One week? But this is only $0.02 from a paranoid.LOL. I will keep it to scalping until the next leg down. Only scalped once last Fri. Would have chickened out on the 2 o'clock rally of the spoo.