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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes -- Ignore unavailable to you. Want to Upgrade?

To: StockJock-e who wrote (107)	11/26/2001 11:38:14 PM
From: LemonFlavor	Read Replies (1) \| Respond to of 211

Once the dumb money buys the highs, down we go to reload. OK, let us know when you give the signal.

To: StockJock-e who wrote (107)	11/27/2001 12:40:27 AM
From: chartwiznyc	Read Replies (1) \| Respond to of 211

Stock..reply to #107..I agree....but we have to not discount that we still have upward momentum & until the short term patterns turn down, we have to continue to work buy scalps, not initiating any new swing trades at this point to buy side.....but scalps to buy side where still valid today, who knows tomorrow what the markets will bring, but until we see the short term patterns reverse & buys setup, take the 30 cents, take the 50 cents, take the 20 cents take the $1 moves.......BUT holding overnight any new trades now ? no.....I agree its extended but is offering good 2 way trading for now....& being both a daytrading & swing trader, I dont get bored, always something to do........ some of my work today I do for my site from my chatroom, nothing wrong with scalps to pay for the time we work all day. the markets are scalpers paradise these days.....we had some good follow thru on intc from daily bullflag as well as some other stocks, IBM came out of a pennant also on the daily.....I have no objection of seeing DOW 10,200-500 before looking for shorts.....dont want to jump the gun....... stocktrendwizard.com chris