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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (23159)	1/25/2003 3:39:18 PM
From: Jorj X Mckie	Respond to of 57110

Weekend Rule Since pandora's box has been opened already, too late to close it. Politics is ok for weekends, but once the market opens on Monday, discussions about politics are off limits. Discussions should be kept civil and respectful. If this rule isn't respected, I will pull the plug on the discussion.

To: Jorj X Mckie who wrote (23159)	1/25/2003 3:45:39 PM
From: Challo Jeregy	Respond to of 57110

I saw them - and I did -

To: Jorj X Mckie who wrote (23159)	1/25/2003 3:50:24 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 57110

btw - I see that no one posted the chat room notes from last night - Posted by Nikko_thyme on Friday, January 24, 2003 - 10:24 pm: Chat Notes : 1/24 9:00 Daily Signals : VIX : CLASS 1 SELL (Intraday) DOW, SPX, OEX : Have a second hint of negation but, all indices including these had Complex CLASS 1 BUY Double Bottom readings. This may signal a bounce as soon as Mon (the buy in day) which may be small, or only be on an intraday basis. Negation in the DOW/SPX/OEX will only occur if Mon is negative and closes at the lows. If the market (gaps down) on Mon Donald may attempt a (small) call position for a scalp trade. Donald reduced his short position to 3%, and is planning on adding short fund positions back on during any bounce. The bigger the bounce up the bigger the position. Donald thinks the selling should resume and possibly intensify greatly after a potential bounce. There are still six 3 Black Crow patterns including the Transports. The Tsunami (Capitulation Top Indicator) is still signaling for more down. The weakness in the USD is a negative for the market, but GOLD may move inversely to the USD. The USD broke down below parity, may have support near 80, and has also had a negated CLASS 1 BUY signal. Donald has also noticed an increase in call buying which can be bearish. The NYSE and NAZ New High/New Low's has only now just gone into negative territory and may get much more negative before a bottom is reached.