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Wednesday's price action have both my NYSE and NASDAQ models on a buy and
the daily charts do not appear to have completed a final top. Since the
ascent from the reversal low has been so steep, I expect a retracement
lasting a few days. I will be looking for long entries on the retacement.
This is from a trading perspective where trades can be carefully managed
intraday ... not an investment perspective as I consider the market to be
exceedingly dangerous/risky/overvalued/hyped/volatile ... did I say
dangerous.
Earl
----- Original Message -----
From: "profitok" <profitok@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <gannsghost@xxxxxxxxxxxxxxx>; "Vincent DONOVAN"
<vdonovan@xxxxxxxxxxxxx>; "Victor Wadel" <panda22@xxxxxxxxx>
Sent: Thursday, January 31, 2002 5:33 PM
Subject: [RT] nasdaq 100 /sell
> Unless we can close tomorrow above 1572.93 cash we are still in a down
trend
>
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