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To: James Strauss who wrote (24821)4/1/1999 1:55:00 AM
From: Roebear  Read Replies (1) | Respond to of 50167
 
James,
It is not just the number of new lows, but on your chart a trend line down in new highs is handily drawn over a two year span. Simplistic but true, eh? Making clear the thinning of this market, the fabric is becoming transparent, showing the form thereof to be skeletal.
Are you bearish James? I have found your views to be well founded.

I am only a student, but what I can see looks like a serious correction, fwiw. I am back to what I know best, the beaten down and disdained gold and silver. Archaic, atavistic though they may be, (c'est moi, VBG) I know how to buy support and take advantage of spikes down there. It just reminds me of oil a few months ago.



To: James Strauss who wrote (24821)4/1/1999 6:57:00 AM
From: IQBAL LATIF  Read Replies (3) | Respond to of 50167
 
James long JPN 180 for MAY can be a good trade..



To: James Strauss who wrote (24821)4/1/1999 8:54:00 AM
From: chartseer  Read Replies (3) | Respond to of 50167
 
Last week on CNBC a commodities trader stated that commodity prices do not support the theory that Asia is recovering. Said that commodity prices say the recovery in Asia is more hope than reality.
I thought it was the most important information on CNBC last week.

Then again what the heck do I know?

chartseer