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Strategies & Market Trends : MDA - Market Direction Analysis

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To: pater tenebrarum who wrote (26194)	9/17/1999 5:26:00 PM
From: Rick Hay	Read Replies (1) of 99985

Heinz, Very scary on the Dow at 10850. Everyone was waiting to see who would blink first. Is it a good chance that Monday we will see the market drop since this resistance level was tested and did not yeild? What other indicators should we be looking at in your opinion. I went short at the end of the day but I saw resistance are 10800 and I believe that to be a false support line as we've had relatively easy movement in the past through that point. Also, which industry sector stands the most to loose in the next crash? Financial and or Computer Hardware? Regards, Rick

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