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


To: J D B who wrote (27254)1/31/2003 11:25:11 AM
From: Softechie  Respond to of 30712
 
Da Crooks may use ISM (10amET) on Monday to bounce or hold steady for couple days...Factory Orders out on Tuesday 10amET...Crisco reporting Tuesday after close.



To: J D B who wrote (27254)1/31/2003 11:33:45 AM
From: Jeffrey S. Lillie  Read Replies (1) | Respond to of 30712
 
the first day of the month has been a rally day in 4 of the last 5 months. the exception was dec 2 when we gapped up huge (setting the high for next year at least). but it was up 2-3 plus percent in first half hour. these rallies have ranged from one day to three. if monday was up big by some miracle, it would likely BE the bulk of the rally.
j



To: J D B who wrote (27254)1/31/2003 11:34:49 AM
From: sun-tzu  Read Replies (5) | Respond to of 30712
 
when things are oversold in a downtrend, they can stay oversold for much longer than one anticipates. if we get oversold in an uptrend, then the snapper is much more likely to happen quickly. for me personally, i use VIX and the p/c ratio to help guide my decisions. i also have been correlating that with my ewave counts (new for me).

re sentiment...it's WAY too bullish. scary actually given current climate.

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