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Strategies & Market Trends : Angels of Alchemy

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To: If only I'd held who wrote (4773)	7/8/2000 2:48:10 AM
From: SirRealist	Read Replies (1) of 24256

Dumper? No. Monday'll have a fair share of uppers. Tuesday, Wednesday may be a little tougher for the up crowd. Aftermarket research indicates my call may have been hasty. I could be off. In fact, a highly regarded TA specialist I know of believes things look good for one week beyond, till the 17th, and he could be right. All I'm saying is based on my own experience. I'd be highly selective Tuesday and at least 50% cash by Monday's close. I need to see the indicators each day to be certain. To me, the three most important support levels to watch at an intraday level right now are 3820, 3810 and 3750. In this contrarian market, it's even odds that we could go higher and experience no selloff in July. That would be nice.

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