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Strategies & Market Trends : Sharck Soup

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To: Softechie who wrote (24400)	5/23/2001 6:53:36 AM
From: GREENLAW4-7	Read Replies (1) of 37746

Some thoughts regarding NASD advance compared to Japans index. Its no secret that many technicians compared the fall of NASD to NIKKEE, but noone lately has said the range of the nikke has been 13k to 20k for like 12 years! On a percentage basis we are close to the top in the NASD and should start the summer grind SOON!! My point about the japan market is this at the height it was 40K, since 1990 the nikkee has been range bound for 11 years, all those who buy at the low expect tp see 25k-35k but never seen even through our markets incredible run from 92-2000. regarding OSX stocks I sold on monday, and luckily I did API was bearish last night and as I write this crude is down 1.00. Put stops in and try to short the bounce if one! I have been to busy shorting the CRAP for the next 3 months. I am setting my port up to carry some of these 10-15 dollar stocks back to under 6 area in the slow pull back from 6/1-8/15! Good luck all!! Remember we need stocks to go up to short the CRAP!!

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