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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: crdesign who wrote (8055)	10/11/2002 1:40:30 PM
From: jjkirk	Respond to of 89467

Hi Tim, Re: "Within 180 days look out below..." Actually, within a week, if not sooner, look out below. You are correct. This DJI/Naz ramp is not supported by utilities. Trans is lacking too. This is not a sustainable rally. This is a painted up ramp to options expirations week. It may extend into late next week. After that, you will need to hold on your nose and other parts as we descend into yet another abyss until the end of the month, or so. This may be the best opportunity to unload longs & load up on shorts we will see until third week in November. The big money just wants to suck the bagholders back into the game at this top. New bagholders and some old ones will dump at the new lower low we will see in two weeks or so...they'll be buying back in at the next high in November...big money just works this like a fiddle, don't they? As far as the macro economic environment we find ourselves in, I wish I had read, and taken to heart, the 1999 piece Ork dug up for us... Message 18094819 I think this bear will be a long time playing out...especially for those that keep panic selling longs at the bottom and buying at the top, instead of the other way around... I am lurking over on Jeff's thread. He has been calling the big turns since May. I have been there only a month. I hignly recommend it. Subject 52896 Tim, I had not looked at your site for awhile. Lots of new beautiful creations... I really enjoy looking at your work. jj