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

To: AllansAlias who wrote (48028)	7/29/2002 4:05:21 PM
From: marginmike	Respond to of 209892

You have to admit I dont trade the midlle well but I sure can feel up those bottoms-g- Starting to erase last Bottom fish-ng- Had my best day since golds went nuts, caught the turn nicely now I am going to ride the bull a bit. This quick ascent to neck is VERY VERY bearish IMHO. Also the way market is not backing and filling is not bullish either. It almost makes me question my 4-6 month theory. frankly this rally has instilled no faith here in bullish case. The BKX is the only fly in the ointement, but if you look at charts of BKX/DOW/S&P we could easily do another rounding lower high and head back down. That would take us closer to 9500 just south of 200DMA. In the bull we tested the 200 now maybee in the bear we need the same thing. again VIX hits 26-28 and ill be in the weeds.