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Re: PENNYPRINCE 1 post# 348478

Sunday, 01/23/2005 9:45:35 AM

Sunday, January 23, 2005 9:45:35 AM

Post# of 704044
James444. At the risk of sticking my nose where it does'nt belong.

Each that you mentioned and requested an opinion of would require alot of study separately. Personally. I use the Dow as an overall market indicator. A trend indicator if you will.

There are a list of current events that possibly could influence the markets. But to simplify things I will look at charts as far back as 25 years. A direction can be seen.


That said. The market will always find a reason to be either bullish or bearish. As with oil over the past six months.


This does not mean that there will not be pockets of bullish movers. Where most traders see things in hours minutes or a few days. I look at it in terms of weeks, months and years. I do make daytrades.. But keep that to a minimum.

Best to you,

WAR

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