John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (2677)	8/18/2000 9:47:26 AM
From: John Pitera	Read Replies (1) of 33421

here are 2 NASD Charts showing how the NASD is struggling to get above it's 200 dma on the top chart, while showing this nascent crossing of the 5 day Exponential MA above the 21 Day EMA, which has tended to trigger buy signals on some mechanical trading systems. geocities.com Here is the updated NASD daily candlestick chart geocities.com note that a .618 retracement of the July 18th 2000 top to the July 28th 2000 low is right at 4000. JP

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