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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: pater tenebrarum who wrote (53678)7/29/1999 11:30:00 AM
From: John Pitera  Read Replies (1) of 86076
 
Heinz, I see that, the tick was just over -1000 if it were -1300 or higher that would increase the odds that the DJIA would hold the .618 level. I don't think so with the tick not really blowing out.

the NASD fibo level is 2550 which is under it's 50 dma. Credit spreads continue to blow out and that is just a bad thing to happen for equities.

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