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

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To: Chris who started this subject	8/25/2000 8:58:55 AM
From: donald sew	Read Replies (1) of 42787

AUG 25 INDEX UPDATE --------------------- For the next week or so I will be busy with personal matters, and my time on the net will be limited. I will have to make this update a quick one again. SHORT-TERM TECHNICAL READINGS: DOW - borderline CLASS 1 SELL SPX - borderline CLASS 1 SELL OEX - borderline CLASS 1 SELL NAZ - borderline CLASS 1 SELL NDX - CLASS 1 SELL VIX - 19.10, CLASS 2 BUY signal, inverse to market CBOE PUT:CALL RATIO - .43 Yesterday I had borderline CLASS 1 SELLs on the above except the DOW, which joined the group at yesterdays close. Although the market was up it wasnt up enough to give FIRM CLASS 1 SELL signals. So the market could start to reverse today or move up again to give firm CLASS 1 SEll signals and top-out(short-term) on MON. The LOW VIX and LOW PUT:CALL RATIO are lining up with my short-term technicals for a short-term top. Hopefully, I will have time this weekend to go into further detail but dont have the time now.

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