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To: AllansAlias who wrote (70090)3/31/2003 6:27:46 PM
From: Shack  Respond to of 209892
 
Just to clarify, I favour continued Jell-O off Dec 2 which may or may not be a flat. A triangle would surprise me less frankly.

I am 95% certain the big 'C' up is not happening.....yet! But I very much believe it will.



To: AllansAlias who wrote (70090)3/31/2003 9:57:32 PM
From: NOW  Read Replies (2) | Respond to of 209892
 
what would invalidate the alternate you drew?



To: AllansAlias who wrote (70090)4/1/2003 12:55:48 AM
From: Perspective  Respond to of 209892
 
One other thing - the vigor of the war rally should be respected. So far, we have a low volume retracement of it - exactly the kind of thing that you'd expect of a head fake. It has probed below some important levels, but it has to prove itself. Then maybe I'd get interested in selling a rally here or there.

One must ultimately decide whether the market is trending, and go with the trend, or if it is ranging, and take positions against the moves. I haven't seen anything trending reasonably well in months on anything but the smallest time scales.

BC