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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

4:00 PM EST

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To: donald sew who wrote (26718)	9/22/1999 8:22:00 PM
From: Challo Jeregy	Read Replies (2) of 99985

Hi Don. I am Challo <g> and it makes sense to me also. I realize that my previous question probably sounded naive considering that every indicator is advising us of the downturn coming. However, I have witnessed the remarkable surges that take off when we least expect it, when you get class buy signals. I always underestimate the momo in this market, and it never does what I expect it to do. Since the spx closed just under the support, I will look for the following tomorrow - flat to moderately down in spx and dow (naz-who knows <g>), with the spx closing with an indecision candle (what's that called?). Then our blow-off move up (no new top). Got to put in good #'s to close out the quarter. <ggg> iqc.com iqc.com bwthdik

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