Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Johnny Canuck who wrote (25268)	2/22/2000 7:13:00 PM
From: dppl	Read Replies (1) of 68461

Murphy is always good - conservative and sensitive. I saw the financials breaking down further a couple of weeks ago - and that's why I think we have some time to get the deals. For instance JPM may trade down to 100 - BAC you can probably pick up under 40 and ONE possibly below 20 (although that would be a major bargain). the time to watch them next is around the FOMC meet. They simply have had NO bounce recently - which means that bargain hunters, scavengers, saprophytes and necrophiles are hanging loose. Thomas

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