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Strategies & Market Trends : Moufassa's Lair

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To: Baton who wrote (403)10/11/2001 8:46:02 AM
From: moufassa7   of 13660
 
Baton, it appears the NAZ may open above last week's high of 1641. This is a breakout and could be very bullish. Considering that the market was so oversold, with most either short or in cash. The odds of shorts covering or those in cash wanting to go long, out weighs the odds of longs selling. IMO.
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