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Strategies & Market Trends : The New Economy and its Winners

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To: ftian who wrote (13075)	7/25/2002 7:54:05 PM
From: Mark Fowler	Read Replies (1) of 57684

I'm giving it a few more days to see if supports hold. As i told Anindo last night we should see the signal on this dip and plenty of time for most to buy in on mild pull backs from yesterdays huge rally. For the techs we could see all important supports of Compx 1100 and sox 276 next and should rally from there. More important to watch The Spx, 780-800, Dow 7500-7800. Others i watch that must participate in the broader market, the Banks (bkx) important 650 level and Brokers (Xbd) an important support 330 or at the neckline 350 that can get across the board market capitulation. Some stocks i've mentioned that i like in tech have some more downside to there gap's, supports, and H&S measurements, so don't jump in too soon.

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