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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: chic_hearne who wrote (42931)12/1/2000 12:49:57 PM
From: UnBelievable  Read Replies (1) of 436258
 
Prospects For The Close

It looks like $SOX is going to run into trouble by 572, $SPX now trying to get through spike low resistance and if it does will face TL resistance at 1335, the place where is got slapped back today. $NDX looks like it is not going to go past 2670.

$COMPX seems open to 2775 but I doubt it gets there without help from its friends.

I think in the context of the political and economic uncertainly the boyz are feeling that a bird in the hand in worth two in the shrub. I think they are doing what needs to be done whenever it looks like prices are falling limiting their ability to unload inventory today.

A strong close may be problematic. They will take one if they can get it at a reasonable cost but if too many sellers show up to bail before the weekend on this dimple, the sellers they may find the chad missing.
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