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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: space cadet who wrote (17458)8/4/1998 2:42:00 PM
From: Thomas M.  Respond to of 68960
 
Have you heard Jerry Favors talking about theoretical highs and lows? That's where you calculate the intraday high or low of each Dow stock individually, and then calculate the Dow. Now, that's arcane!

Tom



To: space cadet who wrote (17458)8/4/1998 2:50:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68960
 
Now it is time to buy.........Oh forgot to say, that I am not buying. I rather go home to my wife's delicious cooking tonight and have the pleasure of not worrying about stocks before our trip.

Clint



To: space cadet who wrote (17458)8/4/1998 3:08:00 PM
From: Clint E.  Respond to of 68960
 
Space Cadet, I saw a popular site on SI, (hot list, subscription-based) with daily picks. Recommendation was that today will be an up day with CSCO and AOL earnings hype....and what have you......It is easy to make money when the market is going up or down as long as you know the direction but in this market they better pack it up before they loose all their gains from June/July.

More selloff.........8627.93, here we come!!!!

Clint



To: space cadet who wrote (17458)8/4/1998 3:32:00 PM
From: Clint E.  Read Replies (1) | Respond to of 68960
 
Space Cadet, didn't RA turned bearish back in early June when DOW was hovering around 8700?.....Just before our Summer Rally.

Clint