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To: ajtj99 who wrote (62978)1/7/2003 9:48:43 PM
From: At_The_Ask  Read Replies (1) | Respond to of 209892
 
If you want to go long for 50 spx points you could try it. Imo if we even get that far we'll be lower than here thirty days later. I went flat because I can't say how much higher it goes and even then I'd just rather play for the bigger move on the way back down. If I'm right the down to come is a bird in the hand, while the up is one in the bush.

I've been contemplating what could cause the selloff aside from "overbought" conditions and I think it will be a global event like we invade iraq or something.



To: ajtj99 who wrote (62978)1/7/2003 10:09:13 PM
From: lurqer  Respond to of 209892
 
some very bullish moves in 1997-2000. Some involve indicators

Not sure similar indicator readings pre- and post mania peak would yield similar market moves.

JMO

lurqer



To: ajtj99 who wrote (62978)1/7/2003 10:20:12 PM
From: NOW  Respond to of 209892
 
cause thats what they want you to think...
just buy calls in tech trash and you will sleep fine.



To: ajtj99 who wrote (62978)1/7/2003 10:47:25 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
Paul, look at my previous post. I think we are going to 1722 to 1750. The A wave was very stong and unforgiving, I see the beginnings of this C wave exactly the same.

People pointing to Don's sell signals. Well, during the Oct-Nov time frame, he got a sell signal Nov 22nd. We went up another 100 points on the NDX before we sold off. I think the Dow head and shoulders will be negated and we will fly.