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Jerry Olson

12/14/03 3:35 PM

#181427 RE: market_watcher #181425

MW

thats the problem, why not just trade the trend?

the crims have been wrong for so long...yes we can trade and think diabolical..and maybe tomorrow will be that day?

but the real money long has been right here for 9 months straight...

btw for those of you watching my convo's about Morning Doji Stars, go read Steve Nison's Book...it's in there..

most important is that it's in an uptrend on a pullback signaling another pop to the upside...
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augieboo

12/14/03 4:10 PM

#181442 RE: market_watcher #181425

<<<You can't go around whipping yourself into a frenzy about something that's been discounted since at least the end of 'major hostilities' and say that you're thinking 'like a criminal'.>>>

I couldn't agree more.

Personally, the Saddam news makes me so happy I could pee on myself. (:

But as a market event, it depends on how da boys decide to play it.


There is at least one more important thing going on right now, and that is the employment picture in the U.S.

Again, I'd say that the importance of the employment picture, except in the long term, is how da boyz decide to play the news.


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Huluriasquias

12/14/03 8:01 PM

#181527 RE: market_watcher #181425

The market is (was?) at an inflection point.

Even Zeev's turnips, that have been calling the market perfectly this last month or so, had a 50/50 call for Monday onward.

This external event tips the scales and launches the Xmas rally.

Do you want to think like a criminal?

Then think of all the IRA money entering the market in the coming months. They (the criminals<g>) now have a golden opportunity to make this tired rally sustainable for a good while longer.

Wall Street does most of their money during Bull markets, not Bear ones. In order to skim money they need the people's savings in stocks, not in money-market accounts.

This bull rally has the potential to bring new money to the casino tables. Wall Street is going to encourage it anyway it can. (To say nothing of the "hidden" forces --PPT, Bushies, etc)

Sometimes good news are gapped and crapped. Everything is aligned suggesting that this time is NOT one of those.

Good luck tomorrow.

H.


IN EDIT:

Zeev: after I posted this message I read your:

http://www.investorshub.com/boards/read_msg.asp?message_id=1933362

in which you say basically the same thing. (but in a much professional way <g>) I'm not trying to plagiarize you. (and badly at it) Just a genuine case of parallel development. <g>