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To: JRI who wrote (4849)6/13/2001 3:33:08 PM
From: UnBelievable  Respond to of 209892
 
I Don't Think There Is Much Choice

Closing on the lows today, under these 50 SMA's is going to be fairly ugly on the dailies.



To: JRI who wrote (4849)6/13/2001 3:38:20 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
No, this bounce looks decent. Missed my entry. Woulda made a good scalp. I am a little off my game today, no doubt about that.

Agree about the thin air tho'. Danger, danger, everywhere.



To: JRI who wrote (4849)6/13/2001 3:48:11 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
As you know, with this ugly day we are not that far above hell on the charts. This thing better not gap down tomorrow or it'll get really ugly and options week won't freakin' matter. I think the odds play is that they bounce from here, but then I never thought we'd be this close to the line today.

The NDX falling resistance out of Sep/00 is interesting. It's just above us here and, as you'd guess, it falls quite sharply. It's the #1 thing keeping this mess down -- well, that and terrible fundamentals and sky-high valuations. -g/-ng