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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (992)11/14/2001 9:22:42 AM
From: Ron  Respond to of 5125
 
Yes, even though there is no factual reason for the market to go up (ie earnings growth) it is going higher. This is one of those times when news overrides technical indicators...so we will have some new indicators to watch very soon. Still day trading long and short here. Held some OVER and NVDA overnight, which I rarely do, but figured Kabul news would stimulate euphoria buying..and that free-auto-financing inflated sales report will bring buyers in as well :) The free auto financing will depress the auto market in the first quarter next year however, imho.



To: Jeff Jordan who wrote (992)11/14/2001 12:15:59 PM
From: Daveyk  Read Replies (2) | Respond to of 5125
 
Jeff,yesterdays advance decline line was a new 52 week high.I'm holding tight long as my system has been on a buy since 10/3 Expect a pullback of a couple days to feed the bears then up again.Nobody believes this yet;me included so it has room.


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