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

To: Davy Crockett who wrote (2609)	5/25/2001 5:36:29 PM
From: Shack	Read Replies (1) \| Respond to of 5144

Pete, I think we are going down in the near term (in this non-trending/consolidation period) but we still haven't completed the entire pattern which I was looking for in the up direction. I am expecting it will come eventually. For now, we go down but use the stochs to make your buy and sells. It takes a long time to consolidate a big move up in the Nasdaq like we had in early April. We've been sideways for nearly a month now and its not quite over yet. I suspect we kind of grind lower until early June. June 4 is a big date in fib-land. I think we will finally get that run to Nasdaq 2500 or so at that point. I am short for the next week though. But I'll be going as long as I can for that run. After that rally to new highs, I'm maxing out Visas and Mastercards to buy puts. Because then we are heading to the lows again. Thats my Roadmap...and remember WTFDIK.