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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (37580)7/2/2002 10:03:22 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
That's probably the odds play, and I was thinking of about 1/3 long myself. The intraday bear flags/pennants that broke down the last couple of days seem to target a slightly lower low (using either measured moves or measuring from breakdown points). I came up with 937-949 on the SPX (944.75 was the 9/21 low), and 8835-8877 on the Dow.

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To: dennis michael patterson who wrote (37580)7/2/2002 11:22:59 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
I'm picking up some ADP here. Probably the best company in the entire market, and they're just puking it today.



To: dennis michael patterson who wrote (37580)7/2/2002 12:14:02 PM
From: Gersh Avery  Read Replies (1) | Respond to of 52237
 
>I don't think we will see capuke any time soon<

Hi dennis

we break 944 on the SPX cash and we head to 336.

probably not in one move ..

I think lotsa folks would puke about that.


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