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To: dennis michael patterson who wrote (17078)10/27/1998 6:17:00 PM
From: Electric  Read Replies (1) | Respond to of 42787
 
dennis,

If this was a cycle low, that is pathetic.

The Russell and the Naz were up and the dow has been off only 150, that is hardly a drop IMO..

I expected more I suppose.

I wonder how the market will digest the Brasilian afterhours info?



To: dennis michael patterson who wrote (17078)10/27/1998 6:47:00 PM
From: HairBall  Read Replies (1) | Respond to of 42787
 
DMP: I am beginning to understand Favors speak!

Favors = Normal

1) Print = Intraday Actual
2) Intraday = End of Day Theoretical
3) Short Term Traders = Options Traders

Am I getting it...gee whiz! <g>

Regards,
LG



To: dennis michael patterson who wrote (17078)10/27/1998 7:22:00 PM
From: BILL G. WRIGHT  Read Replies (1) | Respond to of 42787
 
If anyone trades the market using this type advice
--kiss your money goodbye.



To: dennis michael patterson who wrote (17078)10/27/1998 7:31:00 PM
From: Margaret Mateer  Read Replies (1) | Respond to of 42787
 
I get dizzy trying to follow JF's curves. ST low!!! Any blasted day can have a ST Low at this rate. Krrrripppeees. And a high, too,and, then if there isn't one tomorrow, there's always the two day fudge factor! Jerry has had some amazing calls this year but I am lost in the maze of possibilities here....The short and sweet version - tomorrow is a low, then a rally above 8653, then another low into Nov. 6 (above 7400), then a final rally into Nov. 25 and then, dumdadum....THE BEAR IS BACK!!!!
Now if it would just follow that script!!!!
Remember our man Chuck says up tomorrow, down and up into Nov. 2/3 and down, down, down into Nov. 16/18....
Decisions, decisions, decisions....
MER puts??? No, KO puts...hmmm... a couple of calls hanging out there too. I am so stressed out!!!



To: dennis michael patterson who wrote (17078)10/27/1998 11:12:00 PM
From: Gersh Avery  Read Replies (3) | Respond to of 42787
 
Hi dennis .. Re:"Any decline below today's lows in
the Dow will signal lower prices tomorrow"

Am I missin' somethin' here?

Sounds to me like "if prices go lower they will go lower."

And then something about : we had people buy because we knew that the market would pull back then go back up.

Here's what I think is goin' on:

This guy is good .. very good. But .. he has gotten good enough that he has become a counter indicator.

There are some very large pools of cash playing this market. Large enough that when they decide to buy the market goes up. And when they sell the market goes down. So then, if they buy one day and sell the next what have they gained? Nothing.

So then, how do they fix this? Time the buy when everybody else is selling and time the sell when everybody else is buying. Know what? That kind of activity can change the charts!

How 'bout this: Why not change the charts so that folks will do what you need them to do. Maybe Jerry is being whipsawed through his data!

It would sure be nice if the 28th was a bottom.

Gersh