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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/11/2001 3:44:36 PM
From: besttrader   of 37746
 
15:15 ET Dow Industrials : -- Technical -- After failing to take out its 62% retracement of the March slide in early trade (10,182) the index
has been on the defensive. Losses in drug (-2.7%), oil (-2%) and consumer goods (-2.4%) have pressured. The index is now back testing the
top of its recent two week range top and a long term trendline near 9960 (1994-1998 lows). Next support is at 9935/9929.
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