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


To: GROUND ZERO™ who wrote (17668)3/4/1999 6:33:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 44573
 
GZ

ecellent call last week and today...as i said..there's no way the markets rallied on worries about that number...

but it's simply amazing how these indexs bounce off support and selloff at resistance almost for a month or more now...btween a very tight number...

i don't remember this level of a trading range this small...

it means to me an explosive move, of maor proprotions will occur shortly...either way...

and here's whats so nutty, i would short/long against that move, with my own bias negative because of all the P&F indicators are bad...

however..1 indicator could turn positive any day...



To: GROUND ZERO™ who wrote (17668)3/4/1999 8:34:00 PM
From: jjs_ynot  Respond to of 44573
 
Interesting read:

moneycentral.msn.com



To: GROUND ZERO™ who wrote (17668)3/5/1999 12:58:00 PM
From: Judy  Read Replies (2) | Respond to of 44573
 
Morning, GZ

Well here's day one of the knee-jerk reaction, and my sense is that this rally will not fade. Market remains in a trading range, we're at the top of band now. While I don't expect the DOW to breakout with conviction, liquidity should be put back to work now. Noninflationary growth has been validated for the next couple of months, market is focused on earnings again.

My regards.