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

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To: Peace who wrote (28925)	9/1/2000 4:17:50 PM
From: donald sew	Read Replies (1) of 42787

Peace, >>>> 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 <<<< Are you saying that it cant be more than a little profit taking. And what is profit taking in terms of actual point decline, no more than a 50 point decline in the DOW? My short-term tops are as small as 75-150 DOW points. I think you need to keep in mind that markets dont go straight up or straight down. What you call profit taking is that the move is still in a straight line. Am I sure that the market wont continue to go straight up, no Im not. All I said in my post was that

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