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hey omega dude!!! here's one on my blasts from the past, dedicated to
those who feel the need to poke around in "golden" boxes :)) hey guys,
just jokin!!!!
TJ
getting ready for a heapin plateful of fried mountain oysters <g>
Resent-Date: Sat, 17 Oct 1998 19:09:26 -0700
Date: Sat, 17 Oct 1998 19:12:03 -0700 (PDT)
From: Trade Jack <trade_jack@xxxxxxxxx>
Subject: Re: 200 Period Moving Average!
To: omega-list@xxxxxxxxxx
Resent-From: omega-list@xxxxxxxxxx
X-Mailing-List: <omega-list@xxxxxxxxxx> archive/latest/26308
X-Loop: omega-list@xxxxxxxxxx
Resent-Sender: omega-list-request@xxxxxxxxxx
as a trader, i don't make forecasts.
however, i believe the market will resolve itself in one of two
scenarios:
1. false upside breakouts in the major indices, followed by a crash to
new lows 720-740 basis dec s&p, or,
2. a weak down move that will be heavily shorted, followed by an
accelerated upmove (short covering and new institutional buying) to
all time highs 1300+.
my bets are for scenario 2 since a majority of traders are looking for
scenario 1.
TJ
---Ron Augustine <RonAug@xxxxxxxxxxxxx> wrote:
I would be interested in hearing any other comments on this subject or
other perspectives on the current technical situation in the Market.
omega man wrote:
> Ok you contrarian devils... Ponder this: When day trading is
> featured on
> the cover of Playboy magazine with the caption "How to Get Rich If
> You Have
> the Balls for It", does that mean that the bull market is over?
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