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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.56

-2.0%

Jan 20 4:00 PM EST

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To: Saulamanca who wrote (54301)	6/16/2000 10:05:00 AM
From: HairBall	Read Replies (2) of 99985

Jim Bryan: Sorry, I did not have an opportunity to log back on until now. My take on the NDX is...it is near the top for this downtrend retrace. Keep an eye on the "need to hold" resistance noted on my NDX and COMPX charts posted yesterday...in case I am wrong! QCOM <------ Behaving as expected. I would not expect yesterday's gap down to be filled completely before it resumes its slide below the 11/2-3/99 gap up. Frankly, if I were trading the markets today, I would be looking for short opportunities... Good trading all...see ya next week. Regards, LG Disclaimer: The above is my opinion only and I reserve the right to be wrong. Do not base any investment decision solely on any one person's views or analysis. Do your own research and take responsibility for your investment decisions.

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