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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (68199)	3/10/2003 12:24:17 AM
From: The Freep	Read Replies (2) \| Respond to of 209892

John, I agree a dip then launch would make more sense. I still suspect that'll happen. After all, it would take a 3 day drop of, oh, 50 naz points to create a lower low, and the Naz moved that much on Friday (combining both directions!). That said, I will admit that geopolitical events beyond my predicting skills probably have some sway here. Forgetting all moral/people related issues with regard to a war being declared, I wouldn't be able to tell you if the market would react to that certainty as bearish or bullish. I also note that posts all over this weekend say "PPT not letting us go down" yet also show bear after bear closing out shorts/puts and going long. Chicken or egg here? With the volume so thin in the markets, it probably doesn't take the PPT at all... just one person buying a few Spoos, and nervous bears (count me as one) ride to the rescue covering shorts and adding longs (not yet me). Seems pretty plain to see from here.... Anyway, I asked Freeplet what to expect this week. He responded in typical fashion: "Dad, what do you get if you cross and elephant with a rhinoceros? Elephrhino! the freep