Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

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Nov 26 4:00 PM EST

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To: d. alexander who wrote (24705)	1/4/2000 6:26:00 PM
From: shasta23	Read Replies (1) of 68380

On the NAZ the only logical MA is the 20SMA which is around 3800. If we gap somewhere into this region i'm going to buy some strong stocks since i assume at least a temporary bounce. 50DMA is around 3500 which would be a much better support and entry point for me.We will go to the 50DMA sometimes but i don't know if it will be without a bounce off the 21EMA. I doubt that. I slept in the last trading days but tomorrow i will be there at the open!! Stefan

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