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To: AllansAlias who wrote (36055)4/10/2002 11:08:18 PM
From: velociraptor_  Read Replies (1) | Respond to of 209892
 
That's just another reason I have still been expecting one more rally. There's just something missing from the charts in a lot of cases. I am still a bear at heart and think this market is full of sh*t but there's no point in wasting your money if it is not ready to fall yet just because you want it to. The time will come and you can bet I'll be ready when it does. MSFT isn't the only chart like that. I can show you quite a few of them that have a LONG way to fall based on some reliable patterns. You have to go back and look at some 10 year weekly and monthly charts to see it though.



To: AllansAlias who wrote (36055)4/10/2002 11:13:02 PM
From: NOW  Respond to of 209892
 
thanks AA.



To: AllansAlias who wrote (36055)4/11/2002 12:09:14 AM
From: UnBelievable  Read Replies (4) | Respond to of 209892
 
Government Intervention Today To Support INDU

From Hahn's corner:

There is an explanation for the big afternoon buy program, which was focused on the Dow Jones Industrial Average. The US Treasury appears to have taken the unusual step of moving a large amount of government pension fund money into the large capitalization blue chip stocks. This was most likely an allocation shift to equities. The timing of this major market manipulation should be investigated by Congress. On the first day following a breakdown in the market indices, our government chose to push big money into equities to avert a market collapse. This government intervention was reported on CNBC. I could not find a news link to prove it. The Treasury is not going to leave tracks linked to something so controversial. The stock market must be in dire straits to require such aggressive “Latin America-type” activity. To “buy-in” to an expensive stock market with the pension funds of government workers is questionable financial management. Not since the days of Clinton and Rubin have we seen this degree of moral hazard conduct. Treasury Secretary O'Neill is now attempting the same old tricks. The difference is...Rubin would have conducted a covert operation. O'Neill's intervention was overt. O'Neill released a statement this morning exuding confidence in the economy in spite of energy price concerns. He knew he was planning to “fix” things.

hahnscorner.com



To: AllansAlias who wrote (36055)4/11/2002 7:17:08 AM
From: Moominoid  Read Replies (2) | Respond to of 209892
 
An alternative, shockingly bullish interpretation, is that these formations:

stockcharts.com[w,a]waclyyay[pb13!b34][vc60][iLh14,3]&pref=G

stockcharts.com[w,a]waclyyay[pb13!b34][vc60][iLh14,3]&pref=G

stockcharts.com[w,a]waclyyay[pb13!b34][vc60][iLh14,3]&pref=G

stockcharts.com[w,a]waclyyay[pb13!b34][vc60][iLh14,3]&pref=G

Are inverted head and shoulders formations in the making :)

7 wave triangle?

stockcharts.com[w,a]waclyyay[pb13!b34][vc60][iLh14,3]&pref=G

David