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Re: [RT] H&S line in the sand



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<DIV><FONT face=Arial size=2>It would be fundamentally dangerous to step up to 
the plate and buy until the big mutual funds (Fido, Janus et al ex-Vanguard) are 
wound down with their fiscal yearend selling - which would mean around the last 
week of Oct.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>A matter of supply overwhelming 
demand.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Would match recent historical patterns anyway - and 
as Bob$R will soon remind us from Traders Almanac or some such nugget he must 
have filed away - in by Thanksgiving out by Easter is even better.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>So one assumes that before Thanksgiving is not a 
good time to buy dips unless one has the depth of the pockets and the patience 
of the cheetah.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>I guess not this year unless the Yankees win the 
Pennant... but that is another story about correlating unlikely slopes of the 
trajectory of motion....</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Of course, 34 and 55 trading days from the sep 1 
spx peak are coming up.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Gitanshu</FONT></DIV>
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  <DIV><FONT face=Arial size=2>But mixing technicals with fundamentals is not 
  good in most people's books, so anyone got some thoughts they'd care to 
  share?</FONT></DIV></BLOCKQUOTE>
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