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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (8255)11/23/1997 3:04:00 AM
From: Doug R  Read Replies (2) | Respond to of 79531
 
Myron,

Doing the Dow now are we? That's quite an ambitious step. Keep that confidence level high. Further progress cannot be accomplished without it.

Just as an aside, I was starting to ponder the notion that since everybody is starting to think that January was a lock for strength in the market...Now when you couple that with your observation that, "These babies don't give you much of a chance, do they."...I get a pullback in the next 2 or 3 weeks followed by the better part of the rally in the last 2 or 3 weeks of the year as everyone tries to beat the tax-loss selling now and then turns around to try to beat the sure thing January rally.

Or am I just over-psychoanalyzing here? I was a psych major in college so I tend to get carried away sometimes. So whaddya think?

Doug R