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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	9/19/2000 9:02:23 AM
From: Louis V. Lambrecht	of 100058

Nasdaq futures has been steadily printing in a range of 3675-3690 since 02:00 am ET. As fair value is about 60 pts above yesterday's cash close, futures are indicating a 3615-3630 open for the NDX (3760-3775 COMPX). Yet another bear trap ? Or am I contrary wrong the bad sentiment indicators: commercial net short, non-commercial bullish. Commercials should be right. Or is it the contrary? Let's have that panic selling over and go back to biusiness. Or, is this the sentiment of the broad market? Then it will not happen. Err... Sep-Oct is bad they say. But they all say so. Aaaargh..

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