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Strategies & Market Trends : Short Sale Candidates - using Stan Weinstein method -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (6)	4/17/2002 5:39:27 AM
From: Bocor	Read Replies (1) \| Respond to of 44

don't stay on the ride too long...tick, arms and vix all saying reversal is imminent. Lots of nice moves yesterday, but what we did was just shy of a .382 fib retracement on the S&P. NVLS, the monster of yesterday, did a nice triple top, unable to take out the previous attempts at $54.5 on dramatically higher volume. Seller sitting there distributing stock IMO. Monsters of the market....GE, IBM, MSFT, MER, all lousy looking charts. Where the heck is this market going? When we take out S&P 1176 on volume I will be a believer. Until then, these are bear market rallies, typical in their drama and volatility, but fundamentally taking us nowhere fast.