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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (121407)7/1/2005 4:09:44 PM
From: The Freep  Read Replies (3) of 209892
 
JoaT -- on my screen, and red, were AMAT, KLAC, INTC, MXIM, MSFT, CSCO, 5 bios, JNJ, C, and GOOG and a handful of others. Winners held a scant 4-3 ratio, in general.

Nothing was up much except a couple oils (and maybe DNA if you consider a buckish big) and nothing was down much. Volume was holiday-lite. So I wouldn't draw conclusions from your subset of stocks.

Not to say we don't go up. Maybe we're wedging out here. But in general, I don't see a lot of non-tech charts, in particular, that excite me about big up in the SPX.

Regardless, I will wager anyone steaks that we will NOT be up on Monday. Heck, in the Naz or the SPX.

Takers?

the freep
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