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Strategies & Market Trends : Trading with Jerry Olson(OJ) -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (1347)1/22/2004 9:10:36 AM
From: Jerry Olson  Respond to of 1617
 
GNSS---MAKING A RUN NOW INTO EPS DATE THURS AH...THIS CHART LOOKS LIKE A LOT OF OTHER CHARTS TRYING TO B/O TO 52 WEEK HIGHS...20.40 THE BTL---19.60 THE SST...I LIKE IT LONG...22 CLEARS ALL R O/H HERE...



To: Jerry Olson who wrote (1347)1/22/2004 9:22:15 AM
From: skinowski  Read Replies (1) | Respond to of 1617
 
INDU is heading into the huge area of congestion of 1999 - 2002. The index is about to test the March 2002 high and the 78.6% retracement of the entire decline. The line which is connecting the all time high and the top in May 2001 projects to somewhere near here.

You think it makes it straight up? Dunno... I think the pullback / reversal time is coming near. I know that everything looks peachy keen, but if it didn't, we wouldn't be up so high...

Cheers!

PS - and don't forget about the sentiment. Even program traders must be getting stretched... -g.