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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Gersh Avery who wrote (23643)5/26/2000 2:44:00 PM
From: donald sew  Read Replies (1) of 42787
 
With the DOW down 38 points, I am now getting a WEAK CLASS 1 BUY SIGNAL on only the DOW, and I did say WEAK. To maintain that WEAK CLASS 1 BUY SIGNAL the DOW would need to close at/near the intraday lows. If that happens I may close the URPIX(short-SPX) position and maintain the small ULPIX(long-SPX), since the DOW has a stronger influence on the SPX than the NAZ.

The NAZ is still in the midrange, so I will probably maintain that USPIX(short-NDX) position. I may also partially hedge it, since it is in the midrange and part of my discipline.

seeya
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