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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (39880)	7/13/2001 9:11:12 AM
From: morokko65	Read Replies (1) \| Respond to of 100058

Louis V Lamb Thanks for the chart, looks like there is a lot of congestion around 1760ish, with 1890 a real short term possibility if this rally fails soon. I liken this period to 1987 through 1991, took three years and three month (approx) to form a good base. Assuming that the world moves faster now, I can't see a real major 2-5 year rally starting before the Oct to March time frame. I had an order in for the QQQs at Schwab at $39.88 and it did not get filled on Weds, even though we traded to $39.87 for a second. Your chart suggests that I will get another chance. Can you look at PVN for me? Looking for a short and/or intermediate term exit point. Thank you

To: Louis V. Lambrecht who wrote (39880)	7/13/2001 9:23:58 AM
From: stan_hughes	Read Replies (1) \| Respond to of 100058

Louis, I'd like to buy a vowel.

To: Louis V. Lambrecht who wrote (39880)	7/13/2001 9:32:26 AM
From: bcrafty	Read Replies (1) \| Respond to of 100058

Louis, thanks for the great chart and comments I appreciate the time you spent to make the chart and draw you conclusions and share them with us. I understand your perspective on the daily charts, and your suspicion on rallies within a downtrend (especially on unimpressive volume). As you state that you would only trade for 30 minutes maximum right now, what do the very short term (1 min., 5 min., 15 min., etc) charts tell you about today's possible action?