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I agree very much with
you, Earl!
Rhonda
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Earl Adamy
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, August 14, 2002 7:18
PM
Subject: Re: [RT] Thursday Prognosis of
S&P
The market is in the mood to ignore the bad news you
mention and rally ...the rally will accelerate and the shorts will go on
the ropes. When theshorts have finished covering, the market will
tank.Earl----- Original Message -----From: "John Cappello"
<jvc689@xxxxxxx>To: <<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Cc:
<<A
href="mailto:MedianLine@xxxxxxxxxxxxxxx";>MedianLine@xxxxxxxxxxxxxxx>Sent:
Wednesday, August 14, 2002 5:38 PMSubject: [RT] Thursday Prognosis of
S&P>> I know general TA consensus says that we have
broken a major> resistance and 947 or better is in sight
tomorrow.>> This may be true but this rally could have also been
fueled by the> absence of major bad news and CEOs signing on the dotted
line.Plus> coming off the heels of a major decline never
hurts.>> Tomorrow I believe that:>> 1. UAL will
announce Bankruptcy plans>> 2. Major CEOs of certain firms will
not sign>> 3. Companies will announce a need to redo back
years>> 4. While we passed the early Aug. high we are still
below July highs>> 5. The 200 day moving average is a long way
off>> 6. 775.9 may have been the low for this cycle but that
does not mean> 880 will not be retested.>> We can move
higher but I think we will end lower. It would not take> much to derail
this uptrend which until now has been fueled by weak>
volume.>> This one may have passed a "magic" number but that
does not mean that> it "is" the magic number to climb
aboard.>> Thoughts?>>> To unsubscribe from
this group, send an email to:>
realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>> Your
use of Yahoo! Groups is subject to <A
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