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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (44517)	7/4/2002 4:59:45 PM
From: jjstingray	Read Replies (1) \| Respond to of 209892

I agree with you. But the scenario as I have outlined screws the most people. I think it screws all the people who have loaded up with puts because we rally hard over the next two weeks. Then it kills all the bulls that jump on board thinking this is the next bull market and "the train is leaving the station." Then, once the market has everyone convinced we are in rally mode, a complet crash into August. Hitting at least your 1200 target. We crash from about 1550 to 1200. That would finally inspire some fear. The scenario also works the max pain theory into it as we would be rallying into options expiration. Cheers mate, don't eat to much barbeque today.