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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (5178)	1/29/2001 9:57:54 PM
From: Mark Fowler	Read Replies (1) of 57684

Rut is at upper rising wedge resistance, but getting support at 200ma Sox ascending triangle the pattern in play --support held. Telecom index bullish stick off of 50 ma Computer index ,IIx, and Ndx in a rising wedge not in trouble yet there, unless lower trend line breaks, 50 ma is support. Drug index moves opposite of Ndx, pull back near support. Btk( biotech) could be a inverse h&s breakout or bear rally will have to take this one resistance at a time next resistance 700. Indu in a small bear flag

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