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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (4072)11/16/2001 12:20:11 PM
From: Roebear  Read Replies (1) | Respond to of 36161
 
Frank,
Forgot to add ggg to last post.

BTW
If we get any more oversold, some of my chart sites won't have any + side left on the MACD.

Nevertheless I am exercising caution...

Best,
Roebear



To: Frank Pembleton who wrote (4072)11/16/2001 12:25:44 PM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Odds favor final Bear Market lo in broad market next yr.

If we look at the history of bear market lows vis a vis the US presidential election cycle.

cpcug.org

(The above ref. and very interesting little graph is courtesy of SI member Terry Whitman)

Isopatch



To: Frank Pembleton who wrote (4072)11/16/2001 3:02:58 PM
From: t4texas  Respond to of 36161
 
will o bin laden's death push markets up?

it seems bin laden's death or cave-in disappearance has been discounted by the markets. just today we got a small taste of it with the apparent death by bomb of bin laden's head military planner, atef, did. seemed like the markets reacted for about five or ten minutes, then the markets went on to something else. unless something more unanticipated than bin laden's death happens simultaneously with his demise, the markets may react for thirty minutes or an hour. i also think the market reaction will depend a Lot on where the markets are relative to their highs or lows in their respective price channels. if near highs (as now) not much reaction. if near lows, much bigger reaction.