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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Square_Dealings who wrote (45672)	4/11/2000 11:54:00 PM
From: el paradisio	Read Replies (1) of 99985

Michael,Rotation was. until the last decline. Damage was done. Look around,everage decline outside of ours Nifty Fifty is 30% or more.I do not think that you will get that rotation right away. Confidence in Tech is over for some time and it has to be restored. My NDX chart is out of the balance now( I am using dynamic chart pattern analysis) and at first it has to come back to that balance. Another words,trading range for the time being is the most probable. If you see DOW going down and NDX going up,you can assume that rotation has started.It can be triggered by unknown yet factor. If both Tech and Old will go down? Possible, but at first DOW will go to 11,900. Not before. el paradisio

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