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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (5304)1/6/2003 10:12:32 AM
From: Smiling Bob  Respond to of 19256
 
The money biz is seeing the spike for now, but looks as if the Dems and at least one Rep are blasting Bush's plan.
Move up won't last past tomorrow, so short positions can be built around projection.
DOW 8668 now
Message 18400621
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JPM 26.62 bid has peaked for day at 26.70. Good for change



To: Smiling Bob who wrote (5304)1/6/2003 10:26:42 AM
From: Smiling Bob  Read Replies (4) | Respond to of 19256
 
COF- day and/or st short 33.11 bid
DOW shouldn't break 8740 today or tomorrow
8687 now
edit
LEH 56.95 bid same
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LF-26.30 bid not much volume yet- showing 70,200, but remains a nice short if you can ride it out
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Add GS 71.65 bid
COF retesting 33.5 HOD- 33.45 bid now



To: Smiling Bob who wrote (5304)1/6/2003 2:40:49 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
Looks like we're testing 8800 first
Bounced from 8740, and may offer a little resistance on the way back down
Adjust close to 8715-20
8783 now
edit
8800 will be tomorrow's max HOD as well
Too strong to break



To: Smiling Bob who wrote (5304)1/7/2003 2:34:15 PM
From: Smiling Bob  Respond to of 19256
 
From Saturday, and reiterated many times since
DOW HOD 8802

Message 18400621

To:scottonstocks who wrote (5300)
From: scottonstocks Saturday, Jan 4, 2003 11:18 AM
View Replies (3) | Respond to of 5355

DOW found late day bottom at 8552, but last hour buying pushed it to close over 8600. A feat that opens the way for another day+ of upside towards Tuesday's stimulus plan
,then we get critique and reaction.
Unless some innovative, plausible, and rapidly implemented actions are announced, 8730-40 intraday high on Tuesday, followed by downtrend retaking its position. I don't see us breaking 8800 in current environment and on such light volume. Any dramatic overnight news could change the course...



To: Smiling Bob who wrote (5304)1/24/2003 1:19:42 PM
From: Smiling Bob  Read Replies (2) | Respond to of 19256
 
3 weeks later
Bingo!
DOW LOD 8,126.96
Other targets mentioned were as on as you can get.

Message 18400621

To:scottonstocks who wrote (5300)
From: scottonstocks Saturday, Jan 4, 2003 11:18 AM
View Replies (4) | Respond to of 5613

DOW found late day bottom at 8552, but last hour buying pushed it to close over 8600. A feat that opens the way for another day+ of upside towards Tuesday's stimulus plan
,then we get critique and reaction.
Unless some innovative, plausible, and rapidly implemented actions are announced, 8730-40 intraday high on Tuesday, followed by downtrend retaking its position. I don't see us breaking 8800 in current environment and on such light volume. Any dramatic overnight news could change the course.

We shouldn't be this high. From 1965 to 1983, we traded relatively flat, maybe a 10% range from 900 to 1000. The analysts whom rely so much on your investment dollar, conveniently fail to mention that when unrelentingly cheerleading that, "long term," it's always a good time to buy.

We've traded in a ~500 pt range since mid-Oct, and the market is due to break one way or the other. I continue to see us bouncing from 8100 very soon... 2-3 weeks?? A small bounce though, with it offering no resistance on second hit, then we drift at 8000-8200 until Iraq or terrorism.



To: Smiling Bob who wrote (5304)1/30/2003 9:36:45 AM
From: Smiling Bob  Respond to of 19256
 
So far this week, we've maintained the 8k-8200 range called on 1/4.
8131 now

Message 18400621

Saturday, Jan 4, 2003 11:18 AM

...I continue to see us bouncing from 8100 very soon... 2-3 weeks?? A small bounce though, with it offering no resistance on second hit, then we drift at 8000-8200 until Iraq or terrorism.



To: Smiling Bob who wrote (5304)2/3/2003 4:25:22 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
The 200 pt drift maintained
DOW close 8,109.82
Message 18400621
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