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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Mike Sawyer who wrote (32232)	8/7/2002 7:15:59 PM
From: Smiling Bob	Read Replies (3) \| Respond to of 59879

There's no rationale for a downwardly drifting market to attract such an upswell of buying so late in the day. Not under these conditions and not when the market has yet to correct from its rally off of 7500. The market is too volatile anymore for Ma and Pa Kettle. Who would realistically stake a long claim heading towards the close at these levels? Then again, there needs to be a reason most mutual funds are down :) At best, we should be trading sideways this week around the 8k level. And speaking of bubbles, the same people who were jumping into the market in early 2000 and were considering getting in lately are now talking about real estate. Also more news programs are offering exclusive tips from experts on how you can cash in on this phenomenom(before everyone else no doubt)