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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: Lee Lichterman III who wrote (29393)	10/13/1999 3:33:00 PM
From: Lee Lichterman III	Read Replies (1) of 99985

I want to clarify my last post. I never bothered to put bullish forks on my OEX since it was tracking so well with the bearish ones but on my DOW chart I had both sets and only bullish ones on the NASDAQ. When I gave my projection targets in my last post then saw the market selling off hard, I checked to see how it was doing as it was getting closer to my targets. I just checked and my targets were using two different styles of forks. If the DOW 10200 fails, then the bearish fork target would come into play which is around 9800. The NASDAQ is too complicated to write about as I have two possible bearish forks I am playing with and won't decide which to give the most weight to until the market closes and I get today's data to see how the tines line up. Good Luck, Lee

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