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Strategies & Market Trends : The Player's Club

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: GROUND ZERO™ who wrote (6163)	2/22/2000 1:49:00 PM
From: Chip McVickar	Read Replies (2) of 11513

Hello GZ, I'm beginning to think this leg down is about over, with the buyers psychology having absorbed the Fed rate hike following Greenspans testimony. The SPX market is sitting on a median line off the Sept high and the large spread. Also at 1331 the gap in Oct has been closed. Add this recent time gap....feels like a bottom. The market should test the recent upper tine with a median line cross at 1377ñ. Chip

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