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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 684.84

+0.6%

Dec 22 4:00 PM EST

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To: Haim R. Branisteanu who wrote (55963)	7/3/2000 11:28:47 AM
From: HairBall	Read Replies (1) of 99985

Haim: Well you are certainly entitiled to your view and opinion. However, I think the "tend to be manipulted" extends well in to regular trading hours...<g> When a million plus share trade takes place in GE, no matter when it takes place, it "is" significant... SPX <---- Testing the upper trend line of its bullish triangle. INDU <---- Trading back inside the Diamond Patttern. (Way to much is being made of this pattern. I wonder how many times this pattern has actually occurred on the chart of a major index and broken to what is being called the norm. Has this occurred enough times with the expected break to make it statiscally credible...does anyone know the answer?) Very bullish TICK and TICK.NQ in progress... Regards, LG

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