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Monday, July 31, 2000: Not a lot
new or unexpected here...over 10:1 bullish
signals to bearish signals, so an upturn is
likely. More bullish steam behind the
biotechs and internets, as well as on Germany.
Monday, July 24, 2000: Now, this
thing is starting to turn, but the
"criteria" haven't been met, so
despite the bullishness, it ain't turned around
yet.
Thursday, July 20, 2000:
Alright... now what's SUPPOSED to happen (if
Monday isn't really strong to the upside again,
is we get a continued bouncing around for a
while, as the signals become more and more
bullish, then the market should start turning
up.
Monday, July 17, 2000: The
"too broad not to turn around" call
from the 14th became a straight market sell for
tomorrow. Included in that is the semiconductor
sell which had been called late last week.
Friday, July 14, 2000: Now this
is just sick.... Out of 50 signals, we've got
only 3 bullish (2 +3s and a +4, strength ranges
from -5:strong bearish to +5:strong bullish) and
FORTY-SEVEN bearish signals! But of those, we've
got only 3 -4s and 2 -5s. Not really quite sure
what to make of this, but this is becoming too
broad not to turn around.
Wednesday, July 12, 2000: Not a
lot new going on. Sells still building in
semiconductor and computer industries. May take
a bit for them to execute, considering the
likely momentum from the internet rebound that
started today.
Tuesday, July 11, 2000: Today's
highlights include: Buy on internet - will
definitely hold, but it's possible to get a down
day or two (though probably won't, since YHOO
came strong on its earnings report). Sell
developing on computer sector. We've got one up
day on sells we got yesterday. Don't know if
we'll get another up day unless the internets
are strong enough to keep the rest of technology
up, as the semiconductors are also already under
a sell.
· November
2000
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2000
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September
2000
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August
2000
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July
2000
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