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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (1154)	4/27/2001 9:29:51 AM
From: JRI	Read Replies (1) \| Respond to of 209892

OT A few thoughts are running thru my head.....like manipulation by the houses....after yesterday's candle...to get rid of inventory...(Last Friday, for example, I think options ex held up the Elliott scenario) If this market wanted to go up, he doesn't make sense to me (then) yesterday's failure...every chance in the world to make its statement....and technically, it said "we don't wanna go there" yesterday I'd think GDP would have been taken (badly)..since if it turns out past growth was not as bad as thought....Fed may be more worried about inflation vs. growth going forward, and shorten easing cycle....how is that good news for COMPX (or best, neutral)? Why would a trader buy that? Man, if that was a bear trap yesterday.....that was damn good one...(Dow futures dropping a bit here at open)..we'll see...good thing there is a clear escape level here at 2100...(if needed).. I thoughts the odds for a Tuesday high were all but dead...