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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: hjz who wrote (94198)4/19/2000 2:09:00 PM
From: pooh  Read Replies (1) of 120523
 
Hi there hjz. My guess is that we won't get into real trouble intraday until the Dow drops below the low of the day which is 10677, and the Nasdaq drops below 3720. If that happens, we will be looking at the resistance in the Dow at 10636, and the Nasdaq at 3696. If these are broken, the hourly charts would turn down that could hint the lower movement of the market. The low last Friday was too close to have any meaning full signals from the daily chart.

pooh
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