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To: Jim McMannis who wrote (10977)6/27/2002 8:15:31 PM
From: Yogizuna  Respond to of 17683
 
Jeem, (remember that?) <big grin> Actually the TA is not looking too shabby at this point, with the index you invented <g>, the Yogi Index bouncing off of several days at the -5 deeply over sold area, up to -4 after today's close.... I would now like to see it stair step up to the zero line where the rally may stall out or meet some resistance, and then off to the races for the market up to the +4 or +5 level where I would buy some puts again.... I rode some gold stocks up the last few months, then sold them all except for the Franklin Gold Fund when they became way too over bought. Gold is now trying to hold on to rising trend line support, so if that fails, more profit taking in the gold stocks may be in order.... The IIX is trying to bottom out right here, so buying some of the badly beaten down coms now could pan out longer term.... I still post some of my TA opinions here: Message 17662278 Nice to see you again! Yogi