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Strategies & Market Trends : Rande Is . . . HOME

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To: Jane4IceCream who wrote (43642)	12/15/2000 6:45:31 PM
From: Greg S.	Read Replies (1) of 57584

So far the Naz has yet to close below 2597 .. and the all-time low was the 2520 mark .. If we really are in the midst of a 4DML then shouldn't we see both of those supports violated on Monday? And there's still tax-loss selling going on. No one wants to miss the rally, but the Naz really doesn't look like it's going to pop up to 3500 any second, so what's the harm in dumping a loser and taking the tax loss now .. possibly buying it back at the same price or even cheaper a month from now? We're in a trading range that's trending slowly downward. Just check the charts, they paint a very bleak picture for the near term .. -G

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