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To: John Madarasz who wrote (43869)6/28/2002 6:49:00 PM
From: bcrafty  Respond to of 209892
 
Thanks, John - I'm beginning to understand

And, of course, I know that the cycle turns are a secondary or tertiary item to watch in a "robust technical trading system." My indicators are my primary guide, no matter what. And of course support/resistance levels, reliable chart patterns, and high odds plays like the ones mentioned Wednesday morning favoring a long play after the gap down.

Nevertheless, I believe that many turn-callers were calling as today to be a significant intermediate term low, so this might be an interesting week to watch - with technicals and fundamentals telling us it's more likely that we have more down to look for in the next few months but with the turn callers calling for more up. Sounds like we might have some interesting tugs-of-war this coming week.