03/17/2003 21:01:35 EST  	User [gary fullett] joined forum from 198.63.240.97	
03/17/2003 21:01:40 EST  	<JohnH> hi gary	
03/17/2003 21:01:44 EST  	<M.Martin> Hi John and Gary!	
03/17/2003 21:01:47 EST  	<Mike> Hi Gary	
03/17/2003 21:01:51 EST  	<JohnH> hi MM ~~	
03/17/2003 21:02:05 EST  	<gary fullett> good evening evering	
03/17/2003 21:02:16 EST  	<gary fullett> everyone	
03/17/2003 21:03:08 EST  	User [Zack] joined forum from 63.164.167.53	
03/17/2003 21:03:14 EST  	<Zack> Hi folks	
03/17/2003 21:03:15 EST  	<gary fullett> how is everyone tonight	
03/17/2003 21:03:16 EST  	<JohnH> hey zack	
03/17/2003 21:03:21 EST  	<M.Martin> Hi Zack!	
03/17/2003 21:03:37 EST  	<M.Martin> Good - ready to go!	
03/17/2003 21:03:37 EST  	<JohnH> scratching head over energies	
03/17/2003 21:03:41 EST  	<meg> ok	
03/17/2003 21:03:47 EST  	<M.Martin> wow, did you see tonight	
03/17/2003 21:03:59 EST  	<Zack> 47 hours and counting :)	
03/17/2003 21:04:07 EST  	<Zack> tick, tick, tick	
03/17/2003 21:04:10 EST  	<gary fullett> why john?	
03/17/2003 21:04:36 EST  	<JohnH> still going down	
03/17/2003 21:05:00 EST  	<gary fullett> why do think they will go up?	
03/17/2003 21:05:05 EST  	User [Steve L] joined forum from 65.128.64.132	
03/17/2003 21:05:17 EST  	<JohnH> b/c of war -- emotions	
03/17/2003 21:05:24 EST  	User [Kent] joined forum from 172.194.244.147	
03/17/2003 21:05:34 EST  	<M.Martin> Hi Steve and Kent	
03/17/2003 21:05:37 EST  	<gary fullett> I think that oil wont be an issue\\	
03/17/2003 21:05:41 EST  	<Kent> hi MM	
03/17/2003 21:05:47 EST  	<gary fullett> these countries need to pump poil to make money	
03/17/2003 21:05:51 EST  	<Steve L> hi	
03/17/2003 21:06:04 EST  	<gary fullett> in the case of iraq they will pump more oil aftre sadamm leaves	
03/17/2003 21:06:18 EST  	<gary fullett> they only produce 25 perecent of oil now	
03/17/2003 21:06:23 EST  	<Ron> but only if the wells can still pump!	
03/17/2003 21:06:27 EST  	<gary fullett> they will be at full capacity when sadamm leaves	
03/17/2003 21:06:45 EST  	User [beaubc] joined forum from 24.84.223.27	
03/17/2003 21:06:47 EST  	User [dca] joined forum from 68.147.168.38	
03/17/2003 21:06:49 EST  	<JohnH> if he doesn't blow them up	
03/17/2003 21:06:56 EST  	<dca> hi all	
03/17/2003 21:06:59 EST  	<M.Martin> Hi beau - so you think he will leave	
03/17/2003 21:07:00 EST  	<JohnH> hi dca	
03/17/2003 21:07:07 EST  	<beaubc> hello mm everyone	
03/17/2003 21:07:10 EST  	<M.Martin> Hi dca	
03/17/2003 21:07:16 EST  	User [greg] joined forum from 206.58.228.220	
03/17/2003 21:07:19 EST  	<gary fullett> I dont think he will	
03/17/2003 21:07:21 EST  	<JohnH> hey greg	
03/17/2003 21:07:23 EST  	<gary fullett> maybre a few wells	
03/17/2003 21:07:24 EST  	<greg> evening all :)	
03/17/2003 21:07:35 EST  	<Mike> hi dca, beaubc	
03/17/2003 21:07:37 EST  	<JohnH> well, they say he's got them all wired as we speak	
03/17/2003 21:07:37 EST  	<dca> hi greg	
03/17/2003 21:07:42 EST  	<greg>	
03/17/2003 21:07:42 EST  	<beaubc> hi mike	
03/17/2003 21:07:48 EST  	<M.Martin> Hi Greg -	
03/17/2003 21:07:48 EST  	<JohnH> hope they can get to them before he can	
03/17/2003 21:07:50 EST  	<Kent> hi greg, bc, dca, mike	
03/17/2003 21:07:53 EST  	<Mike> hi greg	
03/17/2003 21:07:56 EST  	<gary fullett> he also said he would use chemical and biolocial weapons	
03/17/2003 21:07:59 EST  	<gary fullett> and they will fight	
03/17/2003 21:08:18 EST  	<gary fullett> I dont think he will use any of his weapons and his soldiers will quit	
03/17/2003 21:08:24 EST  	<greg> well, some will, most will give up	
03/17/2003 21:08:25 EST  	<JohnH> lots of unknowns, he	
03/17/2003 21:08:28 EST  	<Kent> which he doesn't have , right?, LOL	
03/17/2003 21:08:38 EST  	<greg> LOL	
03/17/2003 21:08:47 EST  	<Zack> Yep---he will use chemical and biological weapons that he doesn't have	
03/17/2003 21:08:57 EST  	<gary fullett> yep	
03/17/2003 21:08:58 EST  	<gary fullett> right	
03/17/2003 21:08:59 EST  	<M.Martin> i heard that some came over the hill last week waving a white flad - they had to tell them they weren't at war yet	
03/17/2003 21:09:03 EST  	<gary fullett> like he didnt have the missiles	
03/17/2003 21:09:34 EST  	<Dick> lol, mm, did we send them back??	
03/17/2003 21:09:35 EST  	<Kent> lol	
03/17/2003 21:10:05 EST  	<gary fullett> have we talked on time frsmes mnthly weekly and daily?	
03/17/2003 21:10:11 EST  	<gary fullett> like a bc on the daily	
03/17/2003 21:10:17 EST  	<M.Martin> don't know - they were practice shooting and that happened -they wanted to surrender - were very thin	
03/17/2003 21:10:17 EST  	<greg> unfortuantely it was the brits that they tried to surrender to, the brit commander sent them back, they are prob dead now	
03/17/2003 21:10:18 EST  	<gary fullett> ect.	
03/17/2003 21:10:21 EST  	<gary fullett> i think we did	
03/17/2003 21:10:48 EST  	<Kent> yes	
03/17/2003 21:10:59 EST  	User [Len] joined forum from 67.66.244.21	
03/17/2003 21:11:02 EST  	<gary fullett> last thursday	
03/17/2003 21:11:02 EST  	<Mike> yes we did	
03/17/2003 21:11:05 EST  	<gary fullett> i talke don sot	
03/17/2003 21:11:12 EST  	<gary fullett> absproption	
03/17/2003 21:12:04 EST  	<gary fullett> and JOC	
03/17/2003 21:12:10 EST  	<gary fullett> I will send examples tomorrow	
03/17/2003 21:12:18 EST  	<M.Martin> think last week we talked sot's and upthrust	
03/17/2003 21:12:28 EST  	<gary fullett> right	
03/17/2003 21:12:36 EST  	<gary fullett> and I will sned examples tomooorow	
03/17/2003 21:12:39 EST  	<M.Martin> good	
03/17/2003 21:12:43 EST  	<Mike> thanks Gary	
03/17/2003 21:12:45 EST  	<JohnH> zoo's 3 charts	
03/17/2003 21:13:16 EST  	<gary fullett> sot upthursdt and absorption	
03/17/2003 21:13:22 EST  	<JohnH> y	
03/17/2003 21:13:52 EST  	<gary fullett> i didnt forget	
03/17/2003 21:13:54 EST  	<gary fullett> :)	
03/17/2003 21:14:03 EST  	<gary fullett> does everyone here know the wyckoff wave?	
03/17/2003 21:14:12 EST  	<dca> y	
03/17/2003 21:14:13 EST  	<M.Martin> think so	
03/17/2003 21:14:14 EST  	<JohnH> y	
03/17/2003 21:14:16 EST  	<Mike> y	
03/17/2003 21:14:18 EST  	<meg> y	
03/17/2003 21:14:19 EST  	<Kent> y	
03/17/2003 21:14:22 EST  	<Len> some	
03/17/2003 21:14:24 EST  	<gary fullett> we talked on all the ters right	
03/17/2003 21:14:35 EST  	<Zack> test---can u see this ?	
03/17/2003 21:14:38 EST  	<gary fullett> prelimary syppor prelimary support joc brekaing of the ice right	
03/17/2003 21:14:39 EST  	<M.Martin> y	
03/17/2003 21:14:40 EST  	<Kent> y	
03/17/2003 21:14:41 EST  	<gary fullett> we talked on TR	
03/17/2003 21:14:48 EST  	<Len> y	
03/17/2003 21:14:48 EST  	<gary fullett> springs and upthurst right?	
03/17/2003 21:14:52 EST  	<dca> y	
03/17/2003 21:14:52 EST  	<Mike> y	
03/17/2003 21:14:53 EST  	<gary fullett> yes zack	
03/17/2003 21:14:53 EST  	<beaubc> r	
03/17/2003 21:14:58 EST  	<gary fullett> god	
03/17/2003 21:15:04 EST  	<gary fullett> are there any questiosn with these?	
03/17/2003 21:15:09 EST  	<gary fullett> good	
03/17/2003 21:15:20 EST  	<gary fullett> are u clear with them?	
03/17/2003 21:15:31 EST  	<dca> y	
03/17/2003 21:15:35 EST  	<Kent> y	
03/17/2003 21:15:35 EST  	<M.Martin> can you talk more on volume and what we should good for - think could use a little more there -	
03/17/2003 21:15:35 EST  	<gary fullett> good	
03/17/2003 21:15:48 EST  	<gary fullett> that is where I was going MM	
03/17/2003 21:15:53 EST  	<gary fullett> price action and volume	
03/17/2003 21:16:00 EST  	<M.Martin> :)	
03/17/2003 21:16:17 EST  	<gary fullett> before I begin any questions	
03/17/2003 21:16:32 EST  	<JohnH> y	
03/17/2003 21:16:36 EST  	<gary fullett> this will be an i mportant class	
03/17/2003 21:16:40 EST  	<gary fullett> okay John please	
03/17/2003 21:16:42 EST  	<JohnH> today was short covering in stocks right?	
03/17/2003 21:17:09 EST  	<gary fullett> i think u saw some demand BUT...	
03/17/2003 21:17:17 EST  	<gary fullett> I think u just webn tto the top of the range	
03/17/2003 21:17:23 EST  	<JohnH> it happened so quick early - then stalled	
03/17/2003 21:17:33 EST  	<gary fullett> t made new highs all day today	
03/17/2003 21:17:39 EST  	<gary fullett> the action was constrictive	
03/17/2003 21:17:45 EST  	<gary fullett> but we went to the top of the ramhe	
03/17/2003 21:17:54 EST  	<gary fullett> resistance was at the 863 area	
03/17/2003 21:17:57 EST  	<gary fullett> prev lows	
03/17/2003 21:18:21 EST  	User [Zack] joined forum from 64.124.132.80	
03/17/2003 21:18:41 EST  	<gary fullett> I will talk on this tomorow in detail	
03/17/2003 21:19:02 EST  	<JohnH> actually the way i have it marked, it went to 50% retrace level - ?	
03/17/2003 21:19:16 EST  	<gary fullett> thats correect john	
03/17/2003 21:19:31 EST  	<JohnH> ok	
03/17/2003 21:19:59 EST  	<gary fullett> I will bring it up tomoorow as it is important	
03/17/2003 21:20:10 EST  	<gary fullett> u were surprised by the rally today with war talk?	
03/17/2003 21:20:13 EST  	User [Zack] left forum.	
03/17/2003 21:20:15 EST  	<M.Martin>	
03/17/2003 21:20:17 EST  	<JohnH> n	
03/17/2003 21:20:27 EST  	<JohnH> just wondering if was demand or short covering	
03/17/2003 21:20:34 EST  	<gary fullett> okay	
03/17/2003 21:20:43 EST  	<gary fullett> we will go over the chart tomorow	
03/17/2003 21:21:06 EST  	<JohnH> good	
03/17/2003 21:21:30 EST  	<gary fullett> okay	
03/17/2003 21:21:39 EST  	<gary fullett> I want to talk on volume and price action	
03/17/2003 21:22:02 EST  	<gary fullett> 1 min please	
03/17/2003 21:22:47 EST  	<greg> good, i have time to vacuum my living room during the break :) LOL	
03/17/2003 21:23:10 EST  	<JohnH> mine too greg	
03/17/2003 21:23:13 EST  	<Dick> do it need it greg?, lol	
03/17/2003 21:23:19 EST  	<M.Martin> you must be bachelor, greg	
03/17/2003 21:23:42 EST  	<greg> nope mm, 9 month old in the house :)	
03/17/2003 21:23:43 EST  	<JohnH> joe millionaire	
03/17/2003 21:24:01 EST  	<greg> in a couple years i hope so john ;) lol	
03/17/2003 21:24:08 EST  	<M.Martin> yes, you do to vacuum every day then - i remember	
03/17/2003 21:24:13 EST  	<gary fullett> okay	
03/17/2003 21:24:18 EST  	<greg> lol mm	
03/17/2003 21:24:29 EST  	<greg> y mm ;)	
03/17/2003 21:25:04 EST  	<greg> dang! talked thru the break...the carpet will have to wait :) LOL	
03/17/2003 21:25:11 EST  	<gary fullett> u must keep in mind the 3 wyckoff principles	
03/17/2003 21:25:34 EST  	<gary fullett> this is important as we talk on volume and price	
03/17/2003 21:26:26 EST  	<greg> 1. supply v demand, 2. cause v effect, 3. effort v result for those who need reminding :)	
03/17/2003 21:26:32 EST  	<gary fullett> so	
03/17/2003 21:26:35 EST  	User [Zack] joined forum from 63.164.167.53	
03/17/2003 21:26:41 EST  	User [pat] joined forum from 63.164.20.59	
03/17/2003 21:26:46 EST  	<gary fullett> volume is how agressive one wants to buy or sell	
03/17/2003 21:26:51 EST  	<JohnH> was just about to type that greg P	
03/17/2003 21:26:57 EST  	<pat> hi everyone	
03/17/2003 21:26:59 EST  	<greg> :)	
03/17/2003 21:26:59 EST  	<gary fullett> in order for the market to go up someome MUST buy the offer price	
03/17/2003 21:26:59 EST  	<M.Martin> Hi Pat	
03/17/2003 21:27:02 EST  	<greg> hi pat	
03/17/2003 21:27:03 EST  	<gary fullett> hi pat	
03/17/2003 21:27:03 EST  	<JohnH> hey pat	
03/17/2003 21:27:12 EST  	<dca> hi pat	
03/17/2003 21:27:16 EST  	<gary fullett> for the market to go down someone has to sell the bid	
03/17/2003 21:27:22 EST  	<gary fullett> it is simple but imp	
03/17/2003 21:28:06 EST  	<gary fullett> but just because someone buys the bid	
03/17/2003 21:28:10 EST  	<gary fullett> and someone sells the offer	
03/17/2003 21:28:17 EST  	<gary fullett> this doesnt mean a move will occur	
03/17/2003 21:28:20 EST  	<gary fullett> understand?	
03/17/2003 21:28:23 EST  	<JohnH> y	
03/17/2003 21:28:32 EST  	<dca> y	
03/17/2003 21:28:33 EST  	<M.Martin>	
03/17/2003 21:28:37 EST  	<gary fullett> good	
03/17/2003 21:28:38 EST  	<meg> y	
03/17/2003 21:28:39 EST  	User [wyatt] joined forum from 209.245.14.19	
03/17/2003 21:28:40 EST  	<gary fullett> so how do we know	
03/17/2003 21:28:42 EST  	<Mike> y	
03/17/2003 21:28:50 EST  	<gary fullett> the quality of selling or the quality of buying	
03/17/2003 21:28:54 EST  	<greg> no, i dont get it	
03/17/2003 21:28:58 EST  	<Kent> vol	
03/17/2003 21:29:11 EST  	<M.Martin> right, kent	
03/17/2003 21:29:34 EST  	<Steve L> quality or quantity? quantity is depicted by volume.	
03/17/2003 21:29:40 EST  	<Kent> :)	
03/17/2003 21:29:56 EST  	<gary fullett> quality	
03/17/2003 21:30:17 EST  	<gary fullett> If i am buy vs cargil buying	
03/17/2003 21:30:45 EST  	<gary fullett> markets are alwasy going from strong hands to weak hands	
03/17/2003 21:31:00 EST  	<gary fullett> from specs to good traders and vice versa	
03/17/2003 21:31:09 EST  	<gary fullett> like a BC	
03/17/2003 21:31:21 EST  	<gary fullett> from strong longs 9 cm)	
03/17/2003 21:31:27 EST  	<gary fullett> to weak longs specs	
03/17/2003 21:32:16 EST  	<gary fullett> and vice versa	
03/17/2003 21:32:23 EST  	<gary fullett> on the selling cliamx	
03/17/2003 21:32:41 EST  	<gary fullett> as I said we follow the foot stpes of the cm	
03/17/2003 21:32:48 EST  	<gary fullett> by price action and volume	
03/17/2003 21:33:08 EST  	<gary fullett> how do we know where demand will come in if a market is making contract lows?	
03/17/2003 21:33:28 EST  	<gary fullett> we really dont do we?	
03/17/2003 21:33:29 EST  	<M.Martin> by price action/vol	
03/17/2003 21:33:32 EST  	<meg> price and volume	
03/17/2003 21:33:35 EST  	<greg> by weekly and monthly support	
03/17/2003 21:33:37 EST  	<greg> :)	
03/17/2003 21:33:44 EST  	<pat> demand will come in from the cm at support	
03/17/2003 21:33:50 EST  	<Mike> at support	
03/17/2003 21:33:54 EST  	<greg> no, we really dont know	
03/17/2003 21:34:25 EST  	<beaubc> after a spring	
03/17/2003 21:34:25 EST  	<beaubc>	
03/17/2003 21:34:26 EST  	<greg> we assume the support will hold, dont know for sure till it happens	
03/17/2003 21:34:41 EST  	<Steve L> we'd look for support on a longer chart in the case of "contract" lows?	
03/17/2003 21:34:44 EST  	<gary fullett> but how do we know support	
03/17/2003 21:34:50 EST  	<gary fullett> if we have never traded there	
03/17/2003 21:35:15 EST  	<M.Martin> reaction?	
03/17/2003 21:35:19 EST  	<gary fullett> we dont	
03/17/2003 21:35:22 EST  	<pat> longer time frames--s & r	
03/17/2003 21:35:28 EST  	<gary fullett> so evetaully there will be a reaction	
03/17/2003 21:35:37 EST  	<JohnH> continuation charts	
03/17/2003 21:35:41 EST  	<gary fullett> it is from this reaction volume and price	
03/17/2003 21:35:42 EST  	<Kent> you have to wait for climatic price action and vol	
03/17/2003 21:35:50 EST  	<gary fullett> we can see if the market has found true demand	
03/17/2003 21:37:01 EST  	<gary fullett> actionwell if there is cliamtic	
03/17/2003 21:37:05 EST  	<gary fullett> selling climax	
03/17/2003 21:37:18 EST  	<M.Martin>	
03/17/2003 21:37:19 EST  	<gary fullett> what happnnes?	
03/17/2003 21:37:20 EST  	<greg> figure chart will give you an area though :) lol	
03/17/2003 21:37:39 EST  	<Kent> ar	
03/17/2003 21:37:41 EST  	<meg> ar	
03/17/2003 21:37:45 EST  	<pat> spring	
03/17/2003 21:37:48 EST  	<dca> ar	
03/17/2003 21:38:01 EST  	<M.Martin> ar	
03/17/2003 21:38:13 EST  	<Dick> transfer of ownership	
03/17/2003 21:38:27 EST  	<greg> SC---- panic selling by the specs and funds and the CM is buying it up	
03/17/2003 21:38:56 EST  	<gary fullett> right dick	
03/17/2003 21:39:02 EST  	<gary fullett> from the weaker sellers	
03/17/2003 21:39:04 EST  	<gary fullett> to the cm	
03/17/2003 21:39:15 EST  	<gary fullett> so at this point the volume is large	
03/17/2003 21:39:21 EST  	<gary fullett> as the specs and funds sels	
03/17/2003 21:39:26 EST  	<gary fullett> they have to sell to someone	
03/17/2003 21:39:29 EST  	<gary fullett> there is a panic	
03/17/2003 21:39:37 EST  	<gary fullett> weak longs getitng stopped out	
03/17/2003 21:39:43 EST  	<gary fullett> and more shorts getting in	
03/17/2003 21:39:45 EST  	<gary fullett> funds	
03/17/2003 21:40:05 EST  	<gary fullett> so when this panic occurs	
03/17/2003 21:40:12 EST  	<gary fullett> who can have the money and power to buy	
03/17/2003 21:40:14 EST  	<gary fullett> ?	
03/17/2003 21:40:17 EST  	<M.Martin> cm	
03/17/2003 21:40:19 EST  	<Steve L> cm	
03/17/2003 21:40:19 EST  	<beaubc> cm	
03/17/2003 21:40:22 EST  	<dca> cm	
03/17/2003 21:40:23 EST  	<meg> cm	
03/17/2003 21:40:23 EST  	<Kent> cm	
03/17/2003 21:40:36 EST  	<gary fullett> so u understand this right?	
03/17/2003 21:40:40 EST  	<M.Martin> y	
03/17/2003 21:40:42 EST  	<meg> y	
03/17/2003 21:40:42 EST  	<Kent> y	
03/17/2003 21:40:46 EST  	<Mike> y	
03/17/2003 21:40:49 EST  	<gary fullett> good	
03/17/2003 21:41:18 EST  	<beaubc> So gary if the cm did not come in to buy what would happen with the market	
03/17/2003 21:41:19 EST  	<gary fullett> so we dont know as traders the bootom	
03/17/2003 21:41:23 EST  	<gary fullett> but we can see the sc	
03/17/2003 21:41:28 EST  	<gary fullett> there is risk in buying this	
03/17/2003 21:41:30 EST  	<M.Martin> lower	
03/17/2003 21:41:44 EST  	User [cdavid] joined forum from 24.74.16.10	
03/17/2003 21:41:48 EST  	<gary fullett> but we can see the sc as it happens	
03/17/2003 21:41:52 EST  	<Kent> hi cd	
03/17/2003 21:41:59 EST  	<cdavid> hi all	
03/17/2003 21:42:06 EST  	<M.Martin> hi cdavid	
03/17/2003 21:42:10 EST  	<dca> hi cd	
03/17/2003 21:42:13 EST  	<gary fullett> so we can see this volume	
03/17/2003 21:42:17 EST  	<beaubc> hi cd	
03/17/2003 21:42:22 EST  	<gary fullett> and the transfrnce of contracts	
03/17/2003 21:42:27 EST  	<pat> hi cd	
03/17/2003 21:42:28 EST  	<gary fullett> so we can see the sc	
03/17/2003 21:42:32 EST  	<gary fullett> now on the retest	
03/17/2003 21:42:34 EST  	<cdavid> hi mm, kent, dca, bc, pat	
03/17/2003 21:42:36 EST  	<M.Martin>	
03/17/2003 21:42:47 EST  	<gary fullett> we are looking for what in volume?	
03/17/2003 21:42:55 EST  	<Steve L> decrease	
03/17/2003 21:43:05 EST  	<M.Martin> lower	
03/17/2003 21:43:05 EST  	<gary fullett> why?	
03/17/2003 21:43:09 EST  	<dca> lower volume	
03/17/2003 21:43:11 EST  	<gary fullett> after the sc	
03/17/2003 21:43:12 EST  	<M.Martin> less sellers	
03/17/2003 21:43:23 EST  	<gary fullett> we have an automatic reaction and the volume isdecent	
03/17/2003 21:44:30 EST  	<gary fullett> so on the retest	
03/17/2003 21:44:34 EST  	<gary fullett> the volume is lighter	
03/17/2003 21:44:38 EST  	<Dick> less supply as sellers recognize the area that suported prise befor	
03/17/2003 21:44:47 EST  	<gary fullett> this means that there is less supply	
03/17/2003 21:44:51 EST  	<gary fullett> or less selling	
03/17/2003 21:44:57 EST  	<Dick> price	
03/17/2003 21:44:57 EST  	<gary fullett> this is what one would expect	
03/17/2003 21:45:08 EST  	<gary fullett> because the sellers are exhausted by the sc	
03/17/2003 21:45:15 EST  	<gary fullett> yes dick	
03/17/2003 21:45:21 EST  	<Kent> price action smaller too	
03/17/2003 21:45:48 EST  	<gary fullett> I am getting there	
03/17/2003 21:46:01 EST  	<Kent> :)	
03/17/2003 21:46:37 EST  	<gary fullett> so we know why the volume is less on the retets right?	
03/17/2003 21:46:41 EST  	<M.Martin> y	
03/17/2003 21:46:44 EST  	<dca> y	
03/17/2003 21:46:45 EST  	<pat> y	
03/17/2003 21:46:45 EST  	<Kent> y	
03/17/2003 21:46:46 EST  	<Mike> y	
03/17/2003 21:46:47 EST  	<meg> y	
03/17/2003 21:46:48 EST  	<cdavid> y	
03/17/2003 21:46:51 EST  	<Len> y	
03/17/2003 21:46:51 EST  	<Steve L> y	
03/17/2003 21:47:06 EST  	<gary fullett> so what about price action on the rtest?	
03/17/2003 21:47:27 EST  	<Kent> smaller range	
03/17/2003 21:47:35 EST  	<M.Martin> yea, kent	
03/17/2003 21:47:38 EST  	<dca> less range	
03/17/2003 21:47:41 EST  	<gary fullett> why is the range small	
03/17/2003 21:47:51 EST  	<Kent> less vol	
03/17/2003 21:47:53 EST  	<cdavid> less sellers	
03/17/2003 21:48:03 EST  	<gary fullett> so volume kinda matches price action right?	
03/17/2003 21:48:09 EST  	<M.Martin> y	
03/17/2003 21:48:10 EST  	<Kent> should	
03/17/2003 21:48:11 EST  	<cdavid> y	
03/17/2003 21:48:13 EST  	<dca> cm is buying at offer	
03/17/2003 21:48:38 EST  	User [Zack] left forum.	
03/17/2003 21:48:50 EST  	<gary fullett> so the less selling	
03/17/2003 21:48:54 EST  	<gary fullett> less price action	
03/17/2003 21:48:57 EST  	<gary fullett> makes sense	
03/17/2003 21:49:01 EST  	<Kent> y	
03/17/2003 21:49:05 EST  	<dca> y	
03/17/2003 21:49:05 EST  	<gary fullett> effort vs result right	
03/17/2003 21:49:05 EST  	<M.Martin>	
03/17/2003 21:49:19 EST  	User [wyatt] left forum.	
03/17/2003 21:49:24 EST  	<pat> y	
03/17/2003 21:49:28 EST  	<gary fullett> okay	
03/17/2003 21:49:50 EST  	<gary fullett> so this was the easy part	
03/17/2003 21:49:56 EST  	<gary fullett> hwat if the volume was heavy	
03/17/2003 21:50:05 EST  	<gary fullett> but the price action ddint take out support	
03/17/2003 21:50:05 EST  	<M.Martin> more down	
03/17/2003 21:50:10 EST  	<gary fullett> u may have to review this log	
03/17/2003 21:50:15 EST  	<cdavid> sellers still there	
03/17/2003 21:50:21 EST  	<M.Martin> forget i said that for now	
03/17/2003 21:50:25 EST  	<gary fullett> but the volume was not as heavy as the sc	
03/17/2003 21:50:29 EST  	<Kent> red flag	
03/17/2003 21:50:34 EST  	<gary fullett> right kent	
03/17/2003 21:50:36 EST  	<gary fullett> why?	
03/17/2003 21:50:42 EST  	<Kent> someone is supporting the price	
03/17/2003 21:50:48 EST  	<gary fullett> maybe cd	
03/17/2003 21:50:51 EST  	<gary fullett> right	
03/17/2003 21:50:55 EST  	<gary fullett> if there is volume	
03/17/2003 21:51:01 EST  	<gary fullett> and the market holds up	
03/17/2003 21:51:12 EST  	<gary fullett> and the volume is heavy but not as heavy as the sc volume	
03/17/2003 21:51:17 EST  	<gary fullett> there are willing selllers	
03/17/2003 21:51:22 EST  	<gary fullett> prob by specs and funds	
03/17/2003 21:51:40 EST  	<gary fullett> BUT someone is upporting that increased volume by holding it above support	
03/17/2003 21:51:47 EST  	User [Zack] joined forum from 64.124.132.80	
03/17/2003 21:51:53 EST  	<gary fullett> who has the power to take on that volume	
03/17/2003 21:51:54 EST  	<dca> now who could it be?	
03/17/2003 21:51:59 EST  	<cdavid> cm	
03/17/2003 21:52:00 EST  	<Kent> good old cm	
03/17/2003 21:52:04 EST  	<Mike> cm controlling the range	
03/17/2003 21:52:04 EST  	<meg> cm	
03/17/2003 21:52:09 EST  	<cdavid> zack	
03/17/2003 21:52:09 EST  	<gary fullett> price action and volume didnt match increase volume price didnt break support!!!	
03/17/2003 21:52:35 EST  	<Kent> bullish	
03/17/2003 21:52:47 EST  	<gary fullett> so u can get in crease in volume	
03/17/2003 21:52:52 EST  	<gary fullett> but be bullish too right?	
03/17/2003 21:52:57 EST  	<Kent> y	
03/17/2003 21:53:01 EST  	<cdavid> y	
03/17/2003 21:53:01 EST  	<gary fullett> that si why most cant read volume	
03/17/2003 21:53:01 EST  	<Mike> y	
03/17/2003 21:53:03 EST  	<dca> y	
03/17/2003 21:53:17 EST  	<gary fullett> because they think increase voluem on the down is bearish	
03/17/2003 21:53:18 EST  	<Len> as long as no break in support...right	
03/17/2003 21:53:18 EST  	<M.Martin>	
03/17/2003 21:53:23 EST  	<gary fullett> right	
03/17/2003 21:53:30 EST  	<gary fullett> because if u get an increase in volume	
03/17/2003 21:53:34 EST  	<gary fullett> on a break	
03/17/2003 21:53:41 EST  	<gary fullett> u would expect support to be broken	
03/17/2003 21:53:44 EST  	User [wyatt] joined forum from 172.128.227.86	
03/17/2003 21:53:44 EST  	<gary fullett> if it didnt	
03/17/2003 21:54:07 EST  	<gary fullett> someone is buying it above support!!!	
03/17/2003 21:54:25 EST  	<gary fullett> otherwise that volume	
03/17/2003 21:54:28 EST  	<M.Martin> would yiou tell by next day's action if not going to break support - or next few days	
03/17/2003 21:54:29 EST  	<gary fullett> would break the support	
03/17/2003 21:54:39 EST  	<gary fullett> it would appear that fund sand specs are selling	
03/17/2003 21:54:43 EST  	<gary fullett> the cm saw the SC	
03/17/2003 21:54:48 EST  	<gary fullett> and he isa supporting prices	
03/17/2003 21:56:10 EST  	<gary fullett> someone is taking on this increased volume	
03/17/2003 21:56:18 EST  	<pat> what if the close was at the bottom of the large volume?	
03/17/2003 21:56:31 EST  	<pat> would that still be bullish?	
03/17/2003 21:56:34 EST  	<gary fullett> i am getting to closing prices soon :)	
03/17/2003 21:57:10 EST  	<gary fullett> now so we can see that volume increase can be bullish or bearish	
03/17/2003 21:57:24 EST  	<gary fullett> it realy depends on price action and volume	
03/17/2003 21:57:25 EST  	<gary fullett> now	
03/17/2003 21:57:30 EST  	<gary fullett> if u get a stuation	
03/17/2003 21:57:41 EST  	<gary fullett> where the volume is increased on this retest	
03/17/2003 21:58:05 EST  	<gary fullett> and the price action is small	
03/17/2003 21:58:11 EST  	<gary fullett> but the close is low end	
03/17/2003 21:58:21 EST  	<gary fullett> but the ramge les say in wheat is like 2 cents	
03/17/2003 21:58:24 EST  	<gary fullett> after the sc	
03/17/2003 21:58:32 EST  	<gary fullett> what does this say larger volume	
03/17/2003 21:58:37 EST  	<gary fullett> small range weak close?	
03/17/2003 21:58:42 EST  	<M.Martin> down	
03/17/2003 21:58:59 EST  	<gary fullett> it says that the cm s controlling the range	
03/17/2003 21:59:04 EST  	<cdavid> as long as support holds,	
03/17/2003 21:59:06 EST  	<M.Martin> shucks!	
03/17/2003 21:59:08 EST  	<gary fullett> he is NOT letting the market to break	
03/17/2003 21:59:27 EST  	<gary fullett> he is keepin ghte market tight for a reason	
03/17/2003 21:59:28 EST  	<gary fullett> why?	
03/17/2003 21:59:40 EST  	<Len> accumulation	
03/17/2003 21:59:42 EST  	<M.Martin> accumulation	
03/17/2003 21:59:47 EST  	<dca> accumulation	
03/17/2003 21:59:49 EST  	<kris> protect his position	
03/17/2003 21:59:52 EST  	<cdavid> he doesn't have his full position yet	
03/17/2003 21:59:55 EST  	<gary fullett> he is keepin git tight	
03/17/2003 22:00:09 EST  	<gary fullett> because he doesnt wnat to have th amrket show a negative icture	
03/17/2003 22:00:12 EST  	<gary fullett> tech wise	
03/17/2003 22:00:17 EST  	<gary fullett> right kris	
03/17/2003 22:00:18 EST  	<M.Martin>	
03/17/2003 22:00:23 EST  	<gary fullett> he wants to get long	
03/17/2003 22:00:27 EST  	<gary fullett> because after the sc	
03/17/2003 22:00:38 EST  	<gary fullett> he wants to conduct a campighn to get long eventualy	
03/17/2003 22:00:47 EST  	<gary fullett> s he want to buy	
03/17/2003 22:00:51 EST  	<gary fullett> the area	
03/17/2003 22:00:53 EST  	<gary fullett> near the sc	
03/17/2003 22:00:59 EST  	<gary fullett> in that TR that will be formed	
03/17/2003 22:01:41 EST  	<gary fullett> the cm would prefer not to g thur large drawdowns either	
03/17/2003 22:01:43 EST  	User [firedog] joined forum from 64.156.76.17	
03/17/2003 22:01:51 EST  	<Kent> hi fd	
03/17/2003 22:01:55 EST  	<pat> hi fd	
03/17/2003 22:01:59 EST  	<cdavid> hi fd	
03/17/2003 22:02:01 EST  	<firedog> yo	
03/17/2003 22:02:04 EST  	<gary fullett> so he is trying to protect his postion	
03/17/2003 22:02:16 EST  	<gary fullett> Now if the range was wide on that break	
03/17/2003 22:02:23 EST  	<gary fullett> and the market held support	
03/17/2003 22:02:28 EST  	<gary fullett> but close don the lows	
03/17/2003 22:02:32 EST  	<gary fullett> this isnt as bullish	
03/17/2003 22:02:50 EST  	<gary fullett> as the market was able to overtake demand	
03/17/2003 22:03:23 EST  	<gary fullett> so the low end close can mean 2 things	
03/17/2003 22:03:26 EST  	<gary fullett> do u seee this	
03/17/2003 22:03:31 EST  	<gary fullett> it will depends on the range	
03/17/2003 22:03:36 EST  	<M.Martin> y - glad to hear you explaining this	
03/17/2003 22:03:36 EST  	<Mike> y	
03/17/2003 22:03:37 EST  	<gary fullett> what the close will mean	
03/17/2003 22:03:45 EST  	<gary fullett> soU cna have heavy volume light volume	
03/17/2003 22:03:50 EST  	<gary fullett> large range	
03/17/2003 22:03:50 EST  	<pat> i see it but will i remember it?	
03/17/2003 22:03:52 EST  	<gary fullett> small range	
03/17/2003 22:03:56 EST  	<M.Martin> lol	
03/17/2003 22:04:00 EST  	<gary fullett> and it al can mean differnt things	
03/17/2003 22:04:22 EST  	User [greg] left forum.	
03/17/2003 22:04:41 EST  	<kris> Maybe CM would allow weak close to try to shake out a few more longs.	
03/17/2003 22:04:45 EST  	<cdavid> hi greg	
03/17/2003 22:04:53 EST  	<cdavid> bye greg	
03/17/2003 22:04:54 EST  	<gary fullett> sometimes	
03/17/2003 22:05:37 EST  	<gary fullett> so what is important	
03/17/2003 22:05:42 EST  	User [greg] joined forum from 206.58.228.220	
03/17/2003 22:05:50 EST  	<gary fullett> is to look at volume price action and close	
03/17/2003 22:05:56 EST  	<gary fullett> and to see if the bears or bulls won	
03/17/2003 22:06:14 EST  	<gary fullett> there is alwasy a battle	
03/17/2003 22:06:27 EST  	<gary fullett> so when a market will retest on light volume or heavy volume	
03/17/2003 22:06:35 EST  	<gary fullett> it can mean 2 differnt things	
03/17/2003 22:06:48 EST  	<M.Martin>	
03/17/2003 22:07:44 EST  	<gary fullett> so how do we balance those 3 things?	
03/17/2003 22:08:06 EST  	<Kent> carefully	
03/17/2003 22:08:10 EST  	<greg> its easier to do in theory than in practice gary :) lol	
03/17/2003 22:08:18 EST  	<cdavid> wise comment kent	
03/17/2003 22:08:49 EST  	<gary fullett> very true	
03/17/2003 22:08:54 EST  	<Kent> :)	
03/17/2003 22:09:01 EST  	<gary fullett> we will spend alot of time on this over the next few weeksa	
03/17/2003 22:09:38 EST  	<Kent> it's really hard to belive you don't charge for all this info	
03/17/2003 22:09:57 EST  	<cdavid> you never got a bill?	
03/17/2003 22:10:02 EST  	<gary fullett> I wnat u to know this	
03/17/2003 22:10:04 EST  	<Kent> LOL	
03/17/2003 22:10:07 EST  	<greg> LOL cd	
03/17/2003 22:10:16 EST  	<gary fullett> sowhy are closes imp	
03/17/2003 22:10:24 EST  	<gary fullett> because they tell the last hand dealt	
03/17/2003 22:10:33 EST  	<gary fullett> but why do u see many times a market close on the close	
03/17/2003 22:10:34 EST  	<Zack> The theory is free Kent---but it is you that will have to put in the blood sweat and tears to learn how to apply it properly :)	
03/17/2003 22:10:41 EST  	<gary fullett> and rally sharrply the neext day	
03/17/2003 22:10:50 EST  	<gary fullett> right zack	
03/17/2003 22:11:01 EST  	<greg> very true zack	
03/17/2003 22:11:03 EST  	<gary fullett> U hthis happnen many times in a bull market	
03/17/2003 22:11:12 EST  	<Kent> I'm really trying	
03/17/2003 22:11:12 EST  	<gary fullett> a weak close than a move back up as a shake out	
03/17/2003 22:11:58 EST  	<cdavid> don't understand gary, the mkt close on the close?	
03/17/2003 22:12:06 EST  	<gary fullett> when u see a market going thur a large range	
03/17/2003 22:12:08 EST  	<gary fullett> price range	
03/17/2003 22:12:15 EST  	<gary fullett> 2 things may be happneing	
03/17/2003 22:12:23 EST  	<gary fullett> one ther eis supply or demand co,ming in	
03/17/2003 22:12:25 EST  	<gary fullett> or 2	
03/17/2003 22:12:29 EST  	<Kent> close on low, cd	
03/17/2003 22:12:39 EST  	<gary fullett> the cm is letting the market do it s things till he reverses the trend	
03/17/2003 22:12:46 EST  	<cdavid> k	
03/17/2003 22:12:46 EST  	<gary fullett> how do u know the differnce	
03/17/2003 22:13:03 EST  	<greg> by the vol	
03/17/2003 22:13:04 EST  	<beaubc> by the reaction	
03/17/2003 22:13:08 EST  	<gary fullett> the differnce id by the trned	
03/17/2003 22:13:17 EST  	<gary fullett> many times	
03/17/2003 22:13:23 EST  	<gary fullett> the cm will be accumualting	
03/17/2003 22:13:56 EST  	<gary fullett> and he will allow the market to break on liught volume	
03/17/2003 22:13:58 EST  	<gary fullett> why?	
03/17/2003 22:14:09 EST  	<M.Martin> shake us out	
03/17/2003 22:14:10 EST  	<dca> testing supply	
03/17/2003 22:14:14 EST  	<Kent> wants better price	
03/17/2003 22:14:23 EST  	<greg> spring or shake-out, testing supply	
03/17/2003 22:14:24 EST  	<gary fullett> right	
03/17/2003 22:14:32 EST  	<M.Martin>	
03/17/2003 22:14:34 EST  	<gary fullett> he wants to buy at a good price	
03/17/2003 22:14:48 EST  	<gary fullett> and a shakeout as well	
03/17/2003 22:15:12 EST  	<gary fullett> now if the market was breaking on heavier volume	
03/17/2003 22:15:18 EST  	<gary fullett> the cm would probbaly	
03/17/2003 22:15:25 EST  	<gary fullett> would buy at a higher price	
03/17/2003 22:15:28 EST  	<gary fullett> then let it drop	
03/17/2003 22:15:43 EST  	<gary fullett> because he knows that is the volume was heavy the tech damage would be great	
03/17/2003 22:15:53 EST  	<gary fullett> and he would have to defend a postion	
03/17/2003 22:15:56 EST  	<gary fullett> with money	
03/17/2003 22:16:00 EST  	<gary fullett> and he may not wnat that	
03/17/2003 22:16:13 EST  	<gary fullett> u may have to read this several times	
03/17/2003 22:16:40 EST  	<Kent> would he buy at the higher price or sell his longs?	
03/17/2003 22:16:57 EST  	<gary fullett> yes he would kent in a TR	
03/17/2003 22:17:13 EST  	<gary fullett> so	
03/17/2003 22:17:15 EST  	<Kent> which	
03/17/2003 22:17:20 EST  	<greg> both	
03/17/2003 22:17:28 EST  	<gary fullett> there are times where a cm will support price and at times he wll let them go	
03/17/2003 22:17:33 EST  	<gary fullett> on a lught volume break	
03/17/2003 22:17:39 EST  	<gary fullett> he wount support it many times	
03/17/2003 22:17:50 EST  	<gary fullett> becaus ehe knows the market would hur him	
03/17/2003 22:17:55 EST  	<gary fullett> but if the volume picke dup	
03/17/2003 22:18:00 EST  	<gary fullett> he would buy that selling	
03/17/2003 22:18:06 EST  	<gary fullett> and make the range tighter	
03/17/2003 22:18:16 EST  	<gary fullett> so the selling would be marteched by his buying	
03/17/2003 22:18:31 EST  	<gary fullett> understand	
03/17/2003 22:18:37 EST  	<gary fullett> i know this maybbe confusing	
03/17/2003 22:18:46 EST  	<gary fullett> but I have to talk on volume and price	
03/17/2003 22:18:51 EST  	<cdavid> i'm surprised the ladies here keep letting us refer to the cm as "he"	
03/17/2003 22:18:55 EST  	<gary fullett> and thier realationship	
03/17/2003 22:18:59 EST  	<cdavid> lol	
03/17/2003 22:19:03 EST  	<gary fullett> he or she :	
03/17/2003 22:19:19 EST  	<M.Martin> will this be logged tonight - i am making page breaks when i just put in my name and am copying in case it isn't	
03/17/2003 22:19:31 EST  	<meg> composite mind	
03/17/2003 22:19:33 EST  	<Zack> he/she/them/they-----cm is not one person :)	
03/17/2003 22:19:38 EST  	<greg> no PC allowed here cd :) LOL	
03/17/2003 22:19:42 EST  	<cdavid> composite meg	
03/17/2003 22:19:47 EST  	<kris> Gary, you mentioned CM would buy at a higher price and allow a break to proceed?	
03/17/2003 22:20:14 EST  	<gary fullett> it should be	
03/17/2003 22:20:29 EST  	<gary fullett> i didnt say that did i kris?	
03/17/2003 22:20:35 EST  	<M.Martin> y	
03/17/2003 22:20:37 EST  	<Kent> yes	
03/17/2003 22:20:42 EST  	<cdavid> y	
03/17/2003 22:20:45 EST  	<firedog> y	
03/17/2003 22:20:46 EST  	<pat> that's what it looked ;ike	
03/17/2003 22:20:51 EST  	<pat> like	
03/17/2003 22:21:00 EST  	<cdavid> ikes	
03/17/2003 22:21:38 EST  	<firedog> but in context I thought you meant the opposite; as a typing mistake	
03/17/2003 22:21:40 EST  	<gary fullett> there are times where a cm will suport price	
03/17/2003 22:21:47 EST  	<cdavid> mee to fd	
03/17/2003 22:21:48 EST  	<gary fullett> there are times imn which he let let it fall	
03/17/2003 22:22:12 EST  	<gary fullett> if i said that i didnt mean tooo	
03/17/2003 22:22:13 EST  	<kris> Maybe you meant sell at a higher price and then let it fall?	
03/17/2003 22:22:25 EST  	<gary fullett> i did if i didnt say that	
03/17/2003 22:22:40 EST  	<Kent> ok, thats what I thought you meant	
03/17/2003 22:22:49 EST  	<kris> OK, i was a little confused (nothing unusual there!)	
03/17/2003 22:23:00 EST  	<gary fullett> the cm	
03/17/2003 22:24:05 EST  	<gary fullett> what is important ids trend	
03/17/2003 22:24:08 EST  	<gary fullett> many times u	
03/17/2003 22:24:13 EST  	<gary fullett> will see the daily action poor	
03/17/2003 22:24:20 EST  	<gary fullett> but the overall trned is up	
03/17/2003 22:24:32 EST  	<gary fullett> so u have to weigh that price action and volume	
03/17/2003 22:24:43 EST  	<gary fullett> but that will be another days topic	
03/17/2003 22:24:58 EST  	<gary fullett> but volume is like the gas in a car	
03/17/2003 22:25:04 EST  	<gary fullett> more volume u should go farther	
03/17/2003 22:25:21 EST  	<gary fullett> more gas more volume	
03/17/2003 22:25:23 EST  	<greg> and faster too gary :)	
03/17/2003 22:25:24 EST  	<gary fullett> more of a move	
03/17/2003 22:25:31 EST  	<gary fullett> and further the car goes	
03/17/2003 22:25:42 EST  	<gary fullett> if u have a lot of gas car gas	
03/17/2003 22:25:54 EST  	<Kent> lol	
03/17/2003 22:25:58 EST  	<dca> lol	
03/17/2003 22:25:58 EST  	<gary fullett> and u get 10 mph rather than 20 mph	
03/17/2003 22:26:12 EST  	<gary fullett> thats a red flag to a car right	
03/17/2003 22:26:18 EST  	<Kent> y	
03/17/2003 22:26:26 EST  	<dca> y	
03/17/2003 22:26:35 EST  	<gary fullett> well same with markets heavy volume	
03/17/2003 22:26:45 EST  	<gary fullett> no mvbemtn red flag	
03/17/2003 22:26:51 EST  	<gary fullett> momentum	
03/17/2003 22:27:29 EST  	User [Zack] left forum.	
03/17/2003 22:27:34 EST  	<gary fullett> so u have to weight volume vs price action vs close	
03/17/2003 22:27:39 EST  	<gary fullett> there is alot to say on this	
03/17/2003 22:27:44 EST  	<gary fullett> and I will go over it	
03/17/2003 22:27:48 EST  	<gary fullett> but I wnat to show u	
03/17/2003 22:27:57 EST  	<gary fullett> that u can have a small price range break	
03/17/2003 22:28:05 EST  	<gary fullett> with heavy volume	
03/17/2003 22:28:25 EST  	<gary fullett> this is what i called stuffing	
03/17/2003 22:28:34 EST  	<gary fullett> many times a pressing to the floor	
03/17/2003 22:28:48 EST  	<gary fullett> this is reversal type reaction	
03/17/2003 22:29:00 EST  	<gary fullett> one would expect increased volume to the down	
03/17/2003 22:29:04 EST  	<gary fullett> to give large	
03/17/2003 22:29:15 EST  	<gary fullett> break	
03/17/2003 22:29:20 EST  	<gary fullett> but if the range is small	
03/17/2003 22:29:26 EST  	<gary fullett> the cm is buying this selling	
03/17/2003 22:29:40 EST  	<gary fullett> when u se eheavy volume and price action not matching	
03/17/2003 22:29:43 EST  	<gary fullett> tis is a red flag	
03/17/2003 22:30:06 EST  	<gary fullett> undersstand?	
03/17/2003 22:30:10 EST  	<Kent> y	
03/17/2003 22:30:10 EST  	<M.Martin> does this only occur at the end of a move or can happen any time	
03/17/2003 22:30:28 EST  	<gary fullett> culd happen anytime	
03/17/2003 22:30:33 EST  	<gary fullett> but when u have a sc	
03/17/2003 22:30:45 EST  	<gary fullett> this occurs more often then if u had an uptrnd	
03/17/2003 22:30:57 EST  	<gary fullett> i awhat i am saying i that	
03/17/2003 22:31:02 EST  	<gary fullett> what u have a trend	
03/17/2003 22:31:08 EST  	<gary fullett> after u have a BC or sc	
03/17/2003 22:31:15 EST  	<gary fullett> the trned to the cm has changed	
03/17/2003 22:31:20 EST  	<gary fullett> he will defend that postion	
03/17/2003 22:31:33 EST  	<gary fullett> so he will want the techs t look good	
03/17/2003 22:31:40 EST  	<gary fullett> he will protect his potion	
03/17/2003 22:31:44 EST  	<gary fullett> as he bides his time	
03/17/2003 22:31:54 EST  	<gary fullett> if hebouhgt on the sc	
03/17/2003 22:31:58 EST  	<gary fullett> or sold at the bc	
03/17/2003 22:32:01 EST  	<gary fullett> on a rteest	
03/17/2003 22:32:07 EST  	<gary fullett> he will defend his postion right/.	
03/17/2003 22:32:11 EST  	<M.Martin> y	
03/17/2003 22:32:15 EST  	<Kent> makes sense	
03/17/2003 22:32:24 EST  	<gary fullett> if the cm buys a SC	
03/17/2003 22:32:28 EST  	<beaubc> r	
03/17/2003 22:32:28 EST  	<gary fullett> the first time	
03/17/2003 22:32:33 EST  	<gary fullett> he will defend that area right	
03/17/2003 22:32:38 EST  	<gary fullett> if he wants to accumalted	
03/17/2003 22:32:38 EST  	<Kent> y	
03/17/2003 22:32:41 EST  	<M.Martin> y	
03/17/2003 22:32:46 EST  	<gary fullett> and vice versa on the bc	
03/17/2003 22:32:58 EST  	<gary fullett> makes sense that he would defend it right?	
03/17/2003 22:33:04 EST  	<Kent> yes	
03/17/2003 22:33:05 EST  	<meg> y	
03/17/2003 22:33:08 EST  	<cdavid> y	
03/17/2003 22:33:09 EST  	<gary fullett> if he thinks it is going much under the sc	
03/17/2003 22:33:11 EST  	<kris> y	
03/17/2003 22:33:11 EST  	<Mike> y	
03/17/2003 22:33:12 EST  	<gary fullett> why buy?	
03/17/2003 22:33:25 EST  	User [Scrooge McDuck] joined forum from 63.164.167.53	
03/17/2003 22:33:31 EST  	<gary fullett> then it wouldnt be a SC	
03/17/2003 22:33:31 EST  	<M.Martin> Hi Joe	
03/17/2003 22:33:38 EST  	<cdavid> hi joe	
03/17/2003 22:33:39 EST  	<gary fullett> the cm doesnt wnat to lose money either	
03/17/2003 22:34:03 EST  	<gary fullett> good	
03/17/2003 22:34:08 EST  	<cdavid> r	
03/17/2003 22:34:21 EST  	<gary fullett> i know i covered sme things on volume and I will be doing this over the next few weeks	
03/17/2003 22:34:31 EST  	<M.Martin> very good -	
03/17/2003 22:34:33 EST  	<gary fullett> i want to go slow as not to confuse u	
03/17/2003 22:34:42 EST  	<greg> scrooge, good to see you again :)	
03/17/2003 22:34:44 EST  	<gary fullett> but the log will be there	
03/17/2003 22:34:53 EST  	<gary fullett> tmoroow i will be discussing sot	
03/17/2003 22:34:58 EST  	<gary fullett> absportion	
03/17/2003 22:35:00 EST  	<gary fullett> and upthursts	
03/17/2003 22:35:04 EST  	<cdavid> give me the two year plajn then...	
03/17/2003 22:35:07 EST  	<gary fullett> with soem charts and other charts as wel	
03/17/2003 22:35:07 EST  	<Mike> great- thanks Gary	
03/17/2003 22:35:09 EST  	<beaubc> thanks Gary good stuff tonight	
03/17/2003 22:35:09 EST  	<cdavid> plan	
03/17/2003 22:35:20 EST  	<gary fullett> did tonight help?	
03/17/2003 22:35:23 EST  	<cdavid> thanx gary	
03/17/2003 22:35:26 EST  	<JohnH> ya	
03/17/2003 22:35:26 EST  	<gary fullett> did I confus eu	
03/17/2003 22:35:28 EST  	<pat> y	
03/17/2003 22:35:31 EST  	<M.Martin> great class, gary - like pat said, "If i can remember to use it" - glad you keep reinforcing	
03/17/2003 22:35:31 EST  	<JohnH> ya	
03/17/2003 22:35:33 EST  	<gary fullett> u may have to read a few times	
03/17/2003 22:35:33 EST  	<beaubc> no	
03/17/2003 22:35:36 EST  	<greg> as always gary, it all helps :)	
03/17/2003 22:35:38 EST  	<gary fullett> but in a few weeks u will know it	
03/17/2003 22:35:45 EST  	<Mike> yes very much	
03/17/2003 22:35:46 EST  	<Kent> very good gary, thians	
03/17/2003 22:35:51 EST  	<Kent> thanks	
03/17/2003 22:35:52 EST  	<gary fullett> good any questions?	
03/17/2003 22:36:02 EST  	<pat> thanks gary--nite all	
03/17/2003 22:36:05 EST  	User [pat] left forum.	
03/17/2003 22:36:07 EST  	<gary fullett> i wont go further with volume because i wont be able to finish the next thoughts	
03/17/2003 22:36:08 EST  	<meg> thanks Gary - goodnight to all	
03/17/2003 22:36:16 EST  	User [meg] left forum.	
03/17/2003 22:36:17 EST  	<gary fullett> i will see u all tm oorow night	
03/17/2003 22:36:20 EST  	<cdavid> night all	
03/17/2003 22:36:21 EST  	<Dick> good stuff, gary	
03/17/2003 22:36:21 EST  	<gary fullett> god night thank u	
03/17/2003 22:36:23 EST  	<M.Martin> nite all - see ya tomorrow	
03/17/2003 22:36:24 EST  	User [gary fullett] left forum.