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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?

To: cardcounter who wrote (390)	8/20/1998 11:39:00 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 1561

My opinion (FWIW) is that the Bear began at the July blow-off peak. -Dow theory says we go much lower. -A/D line has been dropping since April. -Small caps have been dropping since April or before. I'm playing the market on the short side for the most part. There will be rallies though, still a lot of money out there that is confused on where to go right now. Probably will be a good fight between bulls and bears for the next several weeks. Putting my long term money into bonds for now. Not a good trading day so far- haven't found much to interest me. BTW- What broker are you using for day trading, I'm thinking of going to Datek- most folks on SI seem to be happy with them. Regards, TW