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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (21997)	1/9/2006 1:18:56 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 207795

Do you have a target for a cycle low? Is it more of a buying opp or a concern for a bear?

To: ajtj99 who wrote (21997)	1/9/2006 1:28:36 PM
From: HairBall	Read Replies (2) \| Respond to of 207795

ajtj99: With the Fed on the 31st of this month, I think it makes more sense here to play that turn rather than specific levels of resistance. Since I am the one on this board focusing on a specific level of resistance (albeit rising) and as always, coupled with OB/OS and Trend Strength indicators, I'll just say... Your statement above may make more "sense" to you, but taking a chance on specific resistance areas in times of fairly over bought conditions more often than not makes more "cents" for me...gg Of course, nothing is 100%, so to eliminate the possibility of being stubborn, I always use stops. LG EDIT: The daily OB/OS model is my only model that is not OB. If I am right, it will turn down mid range between zones...(Death Blow as Jeff would say...vbg)