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To: Chris who wrote (14849)8/22/1998 5:20:00 PM
From: dennis michael patterson  Respond to of 42787
 
Chris: take a look at www.princetoneconomics.com (Princeton Economic Institute). They are looking for a major selloff after labor day. The reasons are all spelled out there. Buying is great, but be careful: this market is going down big time. Soon......



To: Chris who wrote (14849)8/23/1998 9:55:00 AM
From: SLAKE  Respond to of 42787
 
Chris " The sum of thy words is truth" The Old Testament
The sum of your visual graphs is much truth. I posted Swenlins graphs,
1990 Bear Market, in the Spirit of Clauds Graphs to show where the
market has been. I, like many others, am just learning TA. The
content, if any, of the Winteldell phenomenon perhaps belong
on a different thread. Your ability to put a maximum of thought
into a minimum of imagry makes for fast learning and faster
trades. Now even novices can compete with the Princes and
Powerhouses.
Boyle



To: Chris who wrote (14849)8/23/1998 1:18:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Chris: check out this site, mention in tomm's IBD: clearstation.com



To: Chris who wrote (14849)8/23/1998 1:43:00 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
Sell DELL now! Here's my argument: I just looked at the chart. On the open Monday, Dell will be further off its 50 DMA than at any point in a year. When it has done this in the past, Dell has retreated. This is a fact, not an opinion. Now here is the opinion. Dell is a bad trade for 3 reasons: (1) all the news is out, nothing to anticipate; (2) stock has had a big move, people will look to lock in profits; and (3) stock did not come bask on friday with the rst of the market. What counts against these observations? MACD just went positive, but this is undercut by the Stochastic which is about to turn down. Comments please!!