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To: Boplicity who wrote (5019)12/9/2001 5:37:09 PM
From: Boplicity  Read Replies (2) | Respond to of 13815
 
I believe we just left the first phase of the bull run last week. The Easy Money has been had. The crossing of the important psychological levels of 2000 for the naz. and 10,000 for the dow has confirmed the bull. I believe we are in for a month or more of sideways movement now. You can see the distribution and buying of the dip that will support stocks, in many charts. My game plan now is to buy stocks that hit the lower channel of the sideways movement, further building positions, and selling stocks that fall out of the sideways base. It's important to not get confused and shaken out of stock moving out upward channels, as they move in to bases. The hallmark of bull runs are chart patterns that look like saw tooth's, in upward or sideways moves. One can look at this way. If a companies story is still good, they going to grow into their current valuations, build bases and move higher off that base.

B