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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: augieboo who wrote (23663)1/11/2003 1:58:05 AM
From: farkarooski  Read Replies (1) | Respond to of 30712
 
<<I see about a 30% chance of exceeding the December highs.>>

how do we play a 30% scenario !!!



To: augieboo who wrote (23663)1/11/2003 9:38:02 AM
From: jjstingray  Respond to of 30712
 
Nice charts Augie. The VXN is puttin in a nasty down wedge. If it breaks through the bottom, your upside scenario just may come to pass.



To: augieboo who wrote (23663)1/11/2003 10:04:42 AM
From: orkrious  Read Replies (1) | Respond to of 30712
 
2. A Max Pain failure is starting to look almost likely.

One of Zeev's reasons for bearishness now is the level of exuberance. look at how the # of stocks over their 10dma has shrunk over the last week with the exception of the high beta sectors of semis, networking, and bios. the market is fading while people are still chasing beta. not a good recipe



To: augieboo who wrote (23663)1/11/2003 1:43:15 PM
From: TREND1  Read Replies (2) | Respond to of 30712
 
Updated web site with all 19 charts of 4WC SYSTEM.
Comments ?

Larry Dudash
geocities.com



To: augieboo who wrote (23663)1/11/2003 8:50:42 PM
From: JRI  Read Replies (1) | Respond to of 30712
 
Augie- Although I see the mini-break on some of your charts, sentiment indicators look close, if not frothy with limited upside (based on this bear's history)...is that your general read too?

In other words, if this is a huge (up) move coming...maybe one more surge up, and then some pullback still in order to get sentiment indicators reset..the bear argument would see some hard down after any near-term up