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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: TRINDY who wrote (35623)1/27/2004 12:59:19 PM
From: TheBusDriver  Read Replies (1) | Respond to of 36161
 
I think Saville was talking intermediate term not long term, BWDIK?

Wayne



To: TRINDY who wrote (35623)1/27/2004 1:17:42 PM
From: nspolar  Respond to of 36161
 
I do not subscribe to anything.

Most of what I have seen have the dollar doing a ST rebound here, and it is the magnitude of that rebound that is the only difference amongst the opinions (ones I have seen).

My course is a ST correction, here, that we are in, followed by more down. I don't see a rebound to the 90 area likely, but it is certainly possible.

I think it a little early to say whether or not if this ST correction is over or still have more jacking around. Some of the indicators were pretty deep this morning, indicating another bounce in the works. It is always interesting how these patterns are rarely exactly alike.