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

To: The Freep who wrote (57174)10/21/2002 10:41:14 AM
From: Chris G.  Respond to of 209892
 
Morning guys. fyi, here's this from Miner: Dear Friend of Dynamic Traders:

The S&P and Nasdaq should both complete a short term top by mid-day on Monday if it was not complete on Friday. Following a short corrective decline lasting 2-4 days into the key retracement zones, the corrective rally off the Oct. 10 low should continue to well above last week's high.

Bonds are at or near a short term low.
The precious metals and XAU MAY be at a short term low.
The dollar index should continue to rally.
Beans, wheat and sugar are near key time and price resistance.



To: The Freep who wrote (57174)10/21/2002 10:49:54 AM
From: Shack  Respond to of 209892
 
Yes it does bug me a bit, lots of folks looking to buy the dip. I'm sure the market will throw us a curve. Like mishedlo said, perhaps the dip will not be worth buying or perhaps we don't get one.

Anyway, all I can do is trade the plan for now.

Shack
(who noted a lot of empty seats at the Anaheim Mighty Ducks game this weekend, not sure why.-g)


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