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

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To: donald sew who wrote (28923)	9/1/2000 2:04:56 PM
From: Peace	Read Replies (2) of 42787

Don, Keep in mind that the NDX has essentially been rallying for 3 weeks now and has gained over 600 points. The rally lost steam today because we had a huge up day and there is some profit taking. Also a lot of folks headed out to enjoy the long weekend. Even though we had a huge up day yesterday P/C ratio has climbed from yesterday's .43 to .54 as of 2Pm today. There will probably be some more profit taking next week but my guess is we will not see any significant decline and we will take out the July highs convincingly sooner rather than later. Peace

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