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But with today's news from Yahoo, the "E" is going up......
and they are in the crummiest tech sector...except for telecom.
> -----Original Message-----
> From: Kent Rollins [mailto:kentr@xxxxxxxxxxxxxx]
> Sent: Thursday, October 10, 2002 1:04 PM
> To: M. Simms
> Subject: Re: [RT] lower low for tomorow
>
>
> The buy-the-dippers are way broke by now. People with 401k's have
> either been investing new money every month/quarter as they should or
> they have been letting the cash pile up. The people who have been
> letting the cash pile up will not even think about getting in until
> AFTER a long rally. They will miss the move as usual. And if we're
> at the beginning of a 2-decade long range trade like the 60's-70's,
> they will sell when the market gets near it's lows again.
>
> No more mania. Monster P/E's will not be tolerated.
>
> Kent
>
>
> Thursday, October 10, 2002, 12:17:57 PM, you wrote:
>
> > Exactly....a 15 minute break does not hold much water......the
> reversal up
> > that followed the 768 move was very powerful.
>
> > Both the Yahoo earnings news and the jobs report were
> positive.....but this
> > market remains somewhat skeptical....
> > true test is : Have the "buy on the dippers" returned from
> their long, long
> > vacation yet ?
> > When (and IF) they do, then this market will finally show some longer
> > trends.
>
> > -----Original Message-----
> > From: Bob Heisler [mailto:BHEISLER@xxxxxxxxx]
> > Sent: Thursday, October 10, 2002 10:58 AM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] lower low for tomorow
>
>
> > Breached but the bears couldn't hold it. Interesting day
> shaping up...see
> > what they can do in the last hour.
> > ----- Original Message -----
> > From: M. Simms
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Wednesday, October 09, 2002 9:20 AM
> > Subject: RE: [RT] lower low for tomorow
>
>
> > A break of 775 would be disasterous.......
> > wow - look at how they are bouncing that 780 level.....like a
> > superball...
>
> > -----Original Message-----
> > From: Bob Heisler [mailto:BHEISLER@xxxxxxxxx]
> > Sent: Wednesday, October 09, 2002 7:22 AM
> > To: realtraders
> > Subject: RE: [RT] lower low for tomorow
>
>
> > Last week the Dow tested its lows from July and we had a
> bounce off
> > the double bottom. That rally ended up to be another in a long line of
> > 1-day wonder rallies and we went on to break those July lows
> and are still
> > trading under them.
>
> > Yesterday it was the S&P's turn to test its July lows and
> once again
> > we had a double bottom bounce, but yesterday's rally was even less
> > impressive than last week's. Volume was heavy but the tape was mostly
> > negative and we had another very weak close after failing to
> break through a
> > key resistance level late in the session (again). It sure
> looks/feels like
> > the 775 July lows will be breached shortly.
>
> > I hope you and Clyde are right though since I'm not
> anxious to see how
> > far down we can go if 775 becomes resistance.
>
> > Bob
>
> > From: "Hill, Ernie" <ernie.hill@xxxx>
> > Date: Tue Oct 8, 2002 11:18 pm
> > Subject: RE: [RT] lower low for tomorrow
>
>
>
> > Clyde,
>
> > You usually post a graphic. How far up does Fourier
> suggest. My
> > work
> > suggests 816-818.
>
> > E
> > http://groups.yahoo.com/group/snpforecasts
> > <http://groups.yahoo.com/group/snpforecasts>
>
>
>
>
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