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

To: yard_man who wrote (57317)	10/22/2002 11:39:06 AM
From: Bull RidaH	Read Replies (1) \| Respond to of 209892

Yes... money flow....OUT of the market, will cause it. The move is too unbelievable already. Just ask Luc if he believes it. -g- Money flows statistics show capital leaving equities and entering bonds, with the usual results... everybody loses. If this doesn't make sense to anybody, go ask ahhhhaa why this is happening? -g- With that said, we got a s-t tick sell signal today, so a pullback of a few percent into Thursday's lows is in order, where a strong 2nd degree buy cycle awaits. The rally we're in, comparable to the July '32 rally (thanks Vitas!), is I believe the one that bankrupted "The Great Bear of Wall Street", Jesse Livermore. He wound up in bankruptcy court shortly thereafter, losing all and then some of the $100million+ empire he had built into the fall of '29 lows after capitalizing on the crash. Will be interesting to see how many hedge funds are relieved of their duties after this thing wraps up in another month.