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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (87002)	6/27/2002 5:48:32 AM
From: EaglePutt	Respond to of 99280

I really like your post. I am not sure why there is sudden surge of bullishness in a lot of the market reports. Everyone is calling for a bounce here and a couple bounces there. I am not convinced that we are headed any higher. We may open at 1430 and make a feeble attempt to at 1440, but we are headed back down. We attempted to break resistance on the first try and we did not. Is that not typical to fail at the first attempt? I think we will break through on the 2nd attempt. I really do not see any difference between yesterday and when we shot up from 1450 to 1550 in 2 days and fell just as hard. Shoot, who knows. Maybe I am just sour that I did not cover some of my shorts yesterday as I was not at the computer till the last hour. I am holding on for lower lows coming up.

To: mishedlo who wrote (87002)	6/27/2002 6:20:12 AM
From: LTK007	Respond to of 99280

edited(typing too fast this morning:)<Hedge funds and the PPT are clearly driving this market.> absolutely,Mish ; but nonetheless the talkin heads were all aflutter over what they called the REAL BUYING occurring yesterday. And how this REAL BUYING shows the public is excited again. In terms of "Fool me once , shame on you. Fool me twice, shame on me". The talkin heads should live in a state of perpetual mea culpa, as they have been fooled over and over and over with the same trick--scary:).