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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (6474)2/4/2001 9:51:33 AM
From: David Lee Smith  Read Replies (2) of 19219
 
The updated MomentuMonkey model confirms your view that we could be poised to go LONG. It also, supports the idea of a choppy market since it is almost dead NEUTRAL. I would not have made the up one day, down the next conclusion from the indicators I look at. What clues told you this is the scenario that would play out? I have gold but I don't see it much above $300 if that high. But I assume you'd be delighted at $280.

Best wishes,

David
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