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LOL!!
Let's hope its rational this time.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, le corbeaux masque
<lecorbeauxmasque7@xxxx> wrote:
>
>
> yahooo...buy techs on break out...it's 99' again
> yeahaa
>
> --- davetrends <davetrends@xxxx> wrote:
> >
> > From October 14 to the afternoon of October 24, the
> > Nasdaq Average
> > declined 125 points. The "Nasdaq Count" at that
> > point was 8/-125(-
> > 6%). In the last two hours of October 24, the
> > Nasdaq rose 25 points
> > into close, forming a "slam", and finishing off a
> > "cup" pattern for
> > the day. This was a major buy pattern as announced
> > that same night
> > by Davetrends of the New Breed Group. He wasn't
> > kidding.
> >
> > From the close on the 24th, after many traders had
> > bought large
> > positions of 3-Beta tech stocks (before the close),
> > the Nasdaq rose
> > 150 points out of that cup pattern in the next ten
> > days. The Nasdaq
> > Count at that point was 10/+150(+8%), and is now
> > only a little less.
> > And many of those tech stocks rose much more than
> > 8%.
> >
> > The current high Nasdaq Count indicates that it is
> > time to take gains
> > on those volatile tech stocks, and tuck them away
> > where they cannot
> > be given back. It also indicates that the market
> > will not rise much
> > more before it corrects, at which point patient
> > traders will again
> > enter the market at the next entry pattern, having
> > lost nothing in
> > the correction.
> >
> > This is one of the highest forms of trading,
> > reacting to what the
> > market does, taking what it offers, not predicting
> > it. It cannot be
> > predicted, short-term, medium-term or long-term.
> > Trading based on
> > movement of the general market, not individual
> > stocks, is discussed
> > continuously at the New Breed of Stock Trader site,
> > http://members.aol.com/davetrends. You're invited.
> > If you have any
> > real experience at stock trading, or not, you won't
> > be disappointed.
> >
> >
> >
> >
>
>
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