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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Arik T.G. who wrote (27903)	8/18/2000 9:53:08 AM
From: Paul Shread	Read Replies (1) of 42787

The NAZ has crossed above its 200 DMA four times during this correction, not including today. Twice it closed the day before quite a bit below the 200 DMA and gapped up through it - it went on to post decent gains both those times. The other two times it closed just below the line in a hammer, just like yesterday - and both times it peaked in the next day or two and then reversed. One of those times it went down significantly, the other time it only declined for three days.

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