Tidbits Message Board - Msg: 13918499

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To: Didi who wrote (349)	6/21/2000 11:16:00 AM
From: Didi	Read Replies (1) of 1115

T/A by donald sew on the MDD board... Thanks, donald ;-). di -------------------------------------------------------------------------- Message 13916775 >>>To: Chris who started this subject From: donald sew Wednesday, Jun 21, 2000 6:39 AM ET Reply # of 24517 JUNE 21 INDEX UPDATE ---------------------- SHORT-TERM TECHNICAL READINGS: DOW - CLASS 2 BUY SIGNAL SPX - upper midrange OEX - upper midrange NAZ - pending CLASS 1 SELL NDX - pending CLASS 1 SELL VIX - lower midrange CBOE PUT:CALL RATIO - .51 There were DOJIs on the NAZ/NDX so that is one confirmation that the CLASS 1 SELL SIGNALs should work. With the futures down, now the question is how low will the NAZ go. Im more inclined to say that this pullback should be weak to normal in size, say 150-300 points. What makes it difficult to get a good feel on it is the strong divergence between the the DOW and NAZ where we have a CLASS BUY and a CLASS SELL at the same time. Im limited on time this morning, so need to end my update seeya<<<

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