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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (2597)	8/26/1998 4:06:00 PM
From: j g cordes	Read Replies (1) \| Respond to of 44573

Funny, I "felt" the market did well today given circumstances around the world. Negative Sentiment and Puts are very high, so it seems to me a lot of traders are leveraged to benefit by others' selling but not panic selling their own holdings. I think we're near a tradable bottom.. a little positive news could go a long way here. Maybe Soros will say he thinks we've seen the worst... or something. Maybe both Clinton and Yeltsin will both go on prime time for a dual apology. <g.

To: Tom Trader who wrote (2597)	8/26/1998 5:20:00 PM
From: Electric	Read Replies (1) \| Respond to of 44573

TT, Agree... Institutions feel DELL as a company that has more going forward than what has occurred in the past, and I agree with that too.. Todays action showed that it is a desired holding, even when the market was retesting 120, DELL dropped a total of 1 point from the high that was in place, then when the market went up, DELL flew higher. It is easy to see that there is alot of momentum. I bet the Stoch/RSI is screaming. I am holding, there is no reason to do otherwise IMO.. Reminds me of las fall, how about you? When it went to 170 before the split. 150 is a number that I would love to see.. Great thread Tom, I enjoy the group here..