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Strategies & Market Trends : Steve's Channelling Thread
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To: cellhigh who wrote (2918)6/30/2000 11:48:31 AM
From: Logain Ablar  Read Replies (1) of 30051
 
DOW & S&P flirted with supports this am. Dow bounced.

Looks like we are having rotation into the techs. NAZ flirted with the break yesterday but is moving to the higher end. Needs to break thru 4,075ish to signal the all clear.

If the DOW breaks too much the NAZ will follow like back in March. In this whipsaw market I don't know whether we'll have a summer rally, summer dolldrums or summer crash.

If SSTI is any indication only great earnings will do.

Tim
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