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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (7109)11/19/2001 12:09:49 PM
From: Chip McVickar  Read Replies (1) | Respond to of 8150
 
JRI,

Not A Useful Thought this OverValued and/or UnderValued Idea.

IMO..., they are just creations of smoke..., by the foggy brains of analyst's with "funny-mental" conditions.

OverBought and/or OverSold makes more sense to me.

Yes, some timing indicators that I follow are showing overbought conditions, others are just coming off oversold area's. Expecting a short period of price weakness and flat markets until Dec. 2nd - 5th..., then ^^^UPP^^^

Nov 15 was a turning point window for sure and the price action shows that to be the case. Closing above the 15th highs would be very unusual and extremely bullish..., when ever it happens.

Note: Only another bin bin surprise will turn these world markets substantially lower. Believe me..., you don't want another surprise to satisfy bearish delights.