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Pastimes : ASK Vendit Off Topic Questions

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To: avanti77 who wrote (1914)9/28/1999 6:16:00 AM
From: Venditâ„¢  Read Replies (2) of 19374
 
These chart links wont be readable past the open today but my description should paint the picture.

DOW
208.240.76.45

The dow broke under trend line support just under the 10,500 area so can be considered in a down trend. Support is at 9,750 with strong support at 9,250. I would not expect a DOW any lower than this in the worst case.

Relative strength and williams R seem to be pointing to a short turn bottom momentum is still fading. Im looking for 9,750 as the bottom over the next month.

NASDAQ
209.119.73.14

Is still above trend line support. If breached I see lower support is at 2,600 and then 2,500 if that fails. Very strong support at 2,380 as worst case.

The indicators look like those of the DOW but less mature in there down trend.

OEX
208.240.76.45

The oex made contact with its lower 665 support and bounced off of it last week which is a slightly bullish sign for a relief rally which we saw a little of yesterday.

All of the indicators look almost the same as they do for the other two mentioned indexes.

650 then 610 are support levels.

I hope this helps a little.
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