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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (6868)7/19/2005 5:28:26 PM
From: c_hl  Read Replies (2) | Respond to of 12411
 
what down spiral?
Do u mean assuming that the high on 7/14 could be the turning point?



To: GROUND ZERO™ who wrote (6868)7/19/2005 5:47:20 PM
From: Joe Smith  Read Replies (1) | Respond to of 12411
 
Interesting how the spirals have an initial countertrend as they curve slightly against the trend at the start, up in a down-spiral, down in an up spiral. Very similar to a wedge whiich usual breaks against its trend. I have noticed that you are playing those a bit better as time goes, leading to less whipsaw. Good job, GZ.



To: GROUND ZERO™ who wrote (6868)7/19/2005 6:02:47 PM
From: wmwmw  Read Replies (1) | Respond to of 12411
 
I was wondering if anybody covered.
GZ, you always take right action.
I was thinking tomorrow would be another up day before the pullback, and thinking the pullback may not break Naz 2100.
Now it is very bearish, INTC's earnings is actually not too bad, if that disappointed market, then market must price too high.
If tomorrow Naz down 30+ points, then could see sub Naz 2100 soon.


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