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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Fun-da-Mental#1 who wrote (30654)	10/19/1999 5:58:00 PM
From: donald sew	Read Replies (1) of 99985

Hi, Take a look at the CANDLESTICKS on the SPX. Theres a 2 day combo of a HAMMER yesterday, and an INVERTED HAMMER today. I do not have statistical data on this combo, but do recall that it commonly precedes a short-term selling period. As for the OSX, if it can hold the 65 range, it may be in the process of a double bottom of some sort. seeya

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