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Another comment ... they have been selling the NYSE for two days now and
this is typical of the bear rotation down ... sell off the NQ, then sell the
NY, then sell the NQ. This essentially means that the "safe" big caps are no
longer safe.
This is Friday and the bad numbers keep rolling out the door ...
Earl
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, September 07, 2001 9:45 AM
Subject: Re: [RT] Nasdaq
> One other comment ... they came in and bought ND futures at 134150 and
that
> turned and led the SP futures up. For those who believe in intervention (I
> do) this was a very logical strategy to slow the decline.
>
> Earl
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, September 07, 2001 9:41 AM
> Subject: Re: [RT] Nasdaq
>
>
> > My targets for September ND are 1200, 1070, 900. SP target is 1040.
Daily
> > charts are all shot so using weekly.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Ira Tunik" <irat@xxxxxxxxx>
> > To: "realtraders" <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Friday, September 07, 2001 9:10 AM
> > Subject: [RT] Nasdaq
> >
> >
> > > This one looks real dicey. If 1700 doesn't hold I have targets all
the
> > > way down to 860 with support at 1375 and 1080. There are other
> > > intermediate price objectives, but these are the major ones. Always
be
> > > aware of the movement that will cause a directional change. Trading
with
> > > blinders on and unidirectional can be dangerous to your bank account.
> > > Ira.
> > >
> > >
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> > >
> > >
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> > >
> > >
> > >
> >
>
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