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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jorj X Mckie who wrote (1848)	5/31/2000 1:22:00 AM
From: John Pitera	Read Replies (1) of 33421

The Daily Nasd Chart... the NASD is back above the two year trend line today geocities.com As you can see we had a momentum buy divergence when we made this most recent low on the NASD. geocities.com a lower low in price, and a higher low on the Daily MACD and RSI. the Downward wedge is a bit more normal. We could theoretically have a 3rd point, lower in price but higher on our momentum oscillators John

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