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Re: CL_The good news??


  • To: Omega List <Omega-list@xxxxxxxxxx>
  • Subject: Re: CL_The good news??
  • From: joachim@xxxxxxxxxxxx
  • Date: Thu, 11 Feb 1999 16:26:13 -0500 (EST)
  • In-reply-to: <4.1.19990211130951.00a03780@xxxxxxxxxxxxxxxxxx>

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I got a resins to my question........
the news: cumulative tick was oversold like crazy....... that was the whole
message.

Now you know ...... I real have problems here....... English is the third
language I am attempting to master.  Been working on this little project for
40 years .  Now... I'll be damned and hog tied..... But I just can't figure
out what that means...'the news: cumulative tick was oversold like
crazy....... '

Is there someone with a better command of the local lingo that can explain
this little gem to a neophyte like me..... I'll figure out this language
yet.....

John


>
>
> At 01:08 PM 2/11/99 -0800, you wrote:
> >A few days back I posted a note about ..... if we could just get some
> >good news... the market would breakout.......   Well..... today...I
> >noticed at the time of this post the S&P is up 30 points.  I haven't
> >looked at my charts yet..... but I'm sure this will have an impact on
> >the overall picture.   Now the question...... What was in the news today
> >to spark a 30 point rise in the S&P?... and how about the DJIA
> >139..higher..... ???   I could not find anything to give an indication
> >that things have become better or whatever.... US 30Yr Bonds are
> >down....expected that.  The charts I've seen seem to indicate an overall
> >downtrend.  Did someone notice anything which we can attribute to this
> >recent move?
> >
> >John
> >