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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Chris who wrote (25799)7/21/2000 2:07:47 PM
From: donald sew  Read Replies (1) of 42787
 
I just got CLASS 2 BUY SIGNALs in the SPX and SOX. Keep in mind that a CLASS 2 signal is commonly just a warning that a CLASS 1 signal is a day away. The DOW/NAZ/NDX are only in the LOWER MIDRANGE, so they have more potential downside.

If we close at todays lows, I may close one or both of our URPIX positions or HEDGE them with a ULPIX position.

Also the SPX, being down 17 points, is now sitting right on the TRENDLINE from the MAY LOWs, which is also the LOWER TRENDLINE of the BEARISH WEDGE
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