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Re: [RT] No Prisoners



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Lee,
7-15-02 and the next hump 8-22-02.
 
I use EOD.
don ewers
<BLOCKQUOTE 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Lee Morris 
  
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx 
  Sent: Friday, April 12, 2002 4:13 
PM
  Subject: RE: [RT] No Prisoners
  
  Don, 
  what is the date on the far right of the chart when the green seasonal line 
  turns down, the snagit bug covered it up, also was this done w/ EOD or 
  RT
  
    <FONT face=Tahoma 
    size=2>-----Original Message-----From: Don Ewers [<A 
    href="mailto:dbewers@xxxxxxxxxxxxx";>mailto:dbewers@xxxxxxxxxxxxx]Sent: 
    Friday, April 12, 2002 4:38 PMTo: <A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxxSubject: 
    Re: [RT] No PrisonersIra,You would not be 
    talking about this would you (dark green bold line)?don 
    ewers----- Original Message -----From: Ira Tunik 
    <irat@xxxxxxxxx>To: <realtraders@xxxxxxxxxxxxxxx>Sent: 
    Friday, April 12, 2002 2:25 PMSubject: Re: [RT] No 
    Prisoners> what about the ever present summer rally?  
    isn't that seasonality?>> bobskc@xxxxxxxxxxxx 
    wrote:>> > Not sure about the "sliding down a wall of 
    optimism" but the sentiment> > figures are 25% bulls.  The 
    wall of worry seems to be well in place.Only> > an idiot 
    expects earnings about to come out very good and asexpectations> 
    > continue to be lowered, firms will finally be able to meet them.  
    My> > concern is becoming the seasonality affect.  We are 
    getting into warm> > months and summer has not been a good time 
    for equities in recent years.> >> > Bob  
    (Fundamentalist)> >> > At 11:25 AM 4/12/2002 -0400, you 
    wrote:> > >Ira> > >> > >You say the 
    market looks like a disaster, then point out the facts that> > 
    >suggest, well, it isn't really a disaster!> > >> 
    > >None of the major indices has taken out even its February low yet, 
    so> > >you are quite right that we haven't produced a major 
    downturn. Yet.> > >> > >To me, the market is 
    sliding down a wall of optimism (or whatever the> > >reverse of 
    climbing a wall of worry is). Stocks with good news go up,> > 
    >but stocks with bad news go down harder. The earning cycle of next 
    week> > >will be decisive, in my view, in setting the emotional 
    environment for> > >the next few months. Quick attention to 
    outperformers will slowly lose> > >out to the realization that 
    business overall just isn't that good, and> > >isn't going to 
    get better soon.> > >> > >I also see this jiving 
    with Ben's bounce next week, followed by further> > >declines 
    as the truth sets in.> > >> > >JMHO> > 
    >DanG> > >> > >Ira Tunik wrote:> > 
    > >> > > > In a market that took no prisoners today 
    there was an interestingevent> > > > that 
    occurred.  Out of the top volume leaders on the Nasdaq and 
    theNYSE> > > > here were the only up stocks. CPQ, AAPL, 
    BRCD, BRCM, FLEX, MO, WM.> > > > Basically one food stock, 
    one bank and the rest high tech.  Couldthe> > > > 
    bottom be in for the Hi-tech stocks.  Where could the funds 
    berunning> > > > to for safety now and what will the 
    redemptions force them to do?In a> > > > market that 
    looks like a disaster, the Dow is still over 10,000,have we> > 
    > > seen the bottom or just the start of a big slide.  Until 9500 
    istaken> > > > out we are still in an uptrend, so there 
    is more then 500 pointsthat> > > > can come out of this 
    market and the direction will still be thesame.> > > > 
    That means that there is still plenty to be made in 
    eitherdirection.> > > > Good trading,  Ira.> 
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