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To: micdundee2 who wrote (32619)1/10/2007 11:08:27 AM
From: Bucky Katt  Respond to of 48461
 
Not yet as far as I can tell. The S&P is still supported by the technicals, and so far this year I have played it on both sides every day.
The up/down is nirvana for a trader.

Keep in mind there is a huge ocean of money sloshing around the world that has to find a home every day.

As for the 'experts' and their predictions, be they bearish or bullish, you have to take them all with a big grain of salt,
and find what works for you.
You have to be flexible, which brings this to mind>

"You should not have any special fondness for a
particular weapon, or anything else, for that
matter.
Too much is the same as not enough.
Without imitating anyone else, you should have
as much weaponry as suits you.
To entertain likes
and dislikes is bad for both commanders and
soldiers.
Pragmatic thinking is essential."


Musashi Miyamoto
"The Book of Five Rings"



To: micdundee2 who wrote (32619)1/10/2007 11:35:51 AM
From: Bucky Katt  Read Replies (7) | Respond to of 48461
 
Question for all, has anyone seen a decrease, beyond a few cents, in the retail price of gasoline?

I haven't, and as we all know, the bottom has fallen out of the crude price.

Another big corporate rip-off of the rest of US?



To: micdundee2 who wrote (32619)1/10/2007 1:44:55 PM
From: Bucky Katt  Respond to of 48461
 
There is that technical support for the S&P at work, back to green for another down/up trade.