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Re: hk2 post# 1566

Friday, 05/02/2003 12:00:41 PM

Friday, May 02, 2003 12:00:41 PM

Post# of 36151
yes.

The indicators have fully hit the targets: the nyse summation, in combination with some things I won't discuss, is saying, confirming we are going to have a new bull market that will last for years. OTOH, the nas bp says we will have a very rough correction in the intermediate term, so there may not be a conflict. They both say we can go higher first. ST, unfortunately, this is the type of move we could have had, and I knew it was possible and didn't heed it. I thought it wouldn't happen because I think it is unhealthy, and in violation of the type of lt market this is.

I am still holding shorts because I think we will go back to 26.80 minimum(I thought 26.20-25.80 before, and its still quite possible). But shorts are fighting momentum. Perhaps the best way to say this is: momentum says continued up, everything else says down any time. I shorted when I got my down any time signal.



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