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Good for a bounce...ultimately I would think vix will get above the
87 high of 172.
Chris
--- In realtraders@xxxx, "M. Simms" <prosys@xxxx> wrote:
> VIX of 50+ ? Close enough.
>
> I can hear the chant in the pits now....
> "It's all over, it's all over, it's all over......"
>
> Die shorts, die.
>
> Exception: AOL. Looks like they are going to zero.
>
> > -----Original Message-----
> > From: prosper1000 [mailto:brente@x...]
> > Sent: Wednesday, July 24, 2002 11:21 AM
> > To: realtraders@xxxx
> > Subject: [RT] Re: Dollar rumors : was astrology
> >
> >
> > Hey Simms, wasn't it you that said that "it will all be over
before
> > August". If so, do you still think so?
> >
> > B.
> >
> > --- In realtraders@xxxx, "M. Simms" <prosys@xxxx> wrote:
> > > Dollar shorts got absolutely CRUSHED today.....rumors of FED
> > action......
> > > still more rumors swirling...
> > > S&P shorts now on "short" notice with "men in black" soon to
arrive
> > in
> > > Chicago.
> > >
> > >
> > > > -----Original Message-----
> > > > From: chrischeatham [mailto:nchrisc@x...]
> > > > Sent: Tuesday, July 23, 2002 3:30 PM
> > > > To: realtraders@xxxx
> > > > Subject: [RT] Re: astrology
> > > >
> > > >
> > > > My work suggests that the dollar likely bottomed on friday
against
> > > > most majors...for a few months anyway...may need one more
minor
> > low
> > > > vs yen.
> > > >
> > > > Also of note...I see a potential major low in dow utilities
> > > > today...this has been the worst month for them since 1940,
btw.
> > > >
> > > > chris
> > > >
> > > > --- In realtraders@xxxx, profitok <profitok@xxxx> wrote:
> > > > > this is from a famous web site
> > > > > Please note: This is not the same as our service
> > > > titled "Weekly MMA Comments and Recommendations on Financial
> > > > Markets," which is available by subscription only.
> > > > > MMA COMMENTS FOR THE WEEK
> > > > > BEGINNING JULY 22, 2002
> > > > >
> > > > > On Friday, July 19, as the Sun conjunct Jupiter and
the
> > Moon
> > > > entered Sagittarius (the sign which Jupiter rules), the Dow
Jones
> > > > Industrial Averages closed down below the 8062 low of
September
> > 21,
> > > > 2001. For the day, it was down 390 points. For the week, it
was
> > down
> > > > 565 points. For the month, it is now down 1224 points – and
there
> > are
> > > > still nearly two weeks to go.
> > > > >
> > > > > For the past several weeks, this column has discussed
the
> > > > possibility of a financial panic involving both the U.S.
Dollar
> > and
> > > > the stock market. The period of time between Mars conjunct
Jupiter
> > > > (July 3), Sun conjunct Jupiter (July 19), and Sun conjunct
Mars
> > > > (August 10) was seen as period of potentially huge price
moves in
> > > > equity markets around the globe. Traditionally one might have
> > > > expected this to be a period of a huge rally in stocks. But as
> > > > pointed out, it could also result in a huge move down
instead – in
> > > > fact, a financial panic – as the nature of Jupiter is to
> > exaggerate
> > > > and enlarge. It is not always positive and optimistic. It can
also
> > > > develop into hysteria and a free fall. And that is exactly
what is
> > > > happening.
> > > > >
> > > > > Also, as stated last week, a severe decline in prices
is
> > not
> > > > likely to end until the Leo-Aquarius full moon period, which
> > occurs
> > > > this week, July 24-26. That is likely to be a climax of some
type,
> > > > maybe even the final climax (but not necessarily).
> > > > >
> > > > > There are a multitude of geocosmic signatures still to
> > unfold
> > > > in the next 3-4 weeks. Besides the full moon this week, we
also
> > find
> > > > Venus (currency) square Pluto (debt, bonds) on Wednesday,
July 24.
> > > > With the full moon, this could augur more bad corporate
reports,
> > or
> > > > negative news about fraud and improper corporate accounting,
> > which is
> > > > not exactly what the market needs to hear right now. But it is
> > > > exactly what the market might need to set off a final panic.
Next
> > > > Sunday, July 28, Mars will oppose Neptune, which isn't
exactly a
> > > > signature inclined towards honesty and openness. To the
contrary,
> > it
> > > > may reveal an effort to distract attention from what is really
> > > > important and accurate. It could also correlate with rumors
and
> > oil
> > > > spills. How will it play out in the equity markets of the
world?
> > > > Possibly with a sense of denial and paralysis on the part of
> > > > investors, who just refuse to believe what their eyes are
seeing.
> > It
> > > > is a signature that might suggest capitulation (every one
trying
> > sell
> > > > at once, and nobody believing the empty assurances of
government
> > > > leaders that "the economy is sound, the markets are over-
> > reacting").
> > > > It doesn't appear much better the following week, as the Sun
then
> > > > opposes Neptune on Thursday, August 1, followed by Venus
square
> > > > Saturn on Friday, August 2. After that, things might look up,
as
> > we
> > > > move towards the Sun conjunct Mars. This signature alone
(within
> > an
> > > > orb of 8 degrees) has probably a greater rate of frequency to
10%
> > or
> > > > greater reversals in stock prices than any other signature
> > involving
> > > > planets inside the orb of Jupiter. But the question remains:
from
> > > > what level?
> > > > >
> > > > > As dangerous as things appear in the next 3-10 trading
> > days,
> > > > investors and traders alike should keep in mind that this
decline
> > is
> > > > due to end. 1-2 weeks is not that long of a time. And, with
the
> > > > promise of a 10% or greater reversal to follow, it behooves
> > > > courageous traders to be alert for rather profitable trading
> > > > opportunities coming up shortly. It may be even better than
just a
> > > > trading opportunity, for the U.S. stock market is also in the
time
> > > > band for a primary, 50-week, and 4-year cycle trough. If it is
> > just a
> > > > primary cycle, then the rally that follows may only be around
a
> > 10%
> > > > correction, and may only last 2-5 weeks. But if it is a 4-year
> > cycle
> > > > too, then the rally may last several months, in which case
many
> > > > analysts will proclaim a new bull market to be in force,
> > something no
> > > > one is predicting now. If the 4-year cycle doesn't bottom with
> > this
> > > > primary cycle in the next 1-2 weeks, then I believe it will
with
> > the
> > > > one due after this, due in about 3-4 months.
> > > > >
> > > > > ------------------------------------------------------------
----
> > ----
> > > > ------
> > > > >
> > > > > To read the previous issue click here.
> > > >
> > > >
> > > >
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> > > >
> > > >
> > > >
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> > > >
> >
> >
> >
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> >
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