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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (28273)	7/21/1999 1:33:00 PM
From: John Meade	Read Replies (1) of 44573

Scott; yes, she is fitting. 1368 on the spoos is dependant on the dow hitting 10855 (The fib retracement that I think it will go to)Every daily(NDU9, SPU9 and DOW) is resting on the 20dma (simple) (Which as you know is 20 days=4 weeks=1 month) So if we break that I think we will run down to the 50dma which is also corresponds closely with the upward trend line of the daily. I think that will stop the fall. If not it will be "Bears Paradise" and I'll be there. John

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