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[tommyt]

In checking back since 2000, or during that bear period, the Mc Osc closed below -300 5 times...a reading of that nature is extremely oversold ST..almost immediately after each of the closes, the mkt had a rally of various sizes, and no drops that I can see...for those holding players club cards, there should be some decent bounce attempts imminent. I will cover remaining shorts and play with a short leash. The downside to this Mc Osc reading, is, after a bounce price normally continues to new lows.