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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Michael Watkins who wrote (1119)2/26/2001 9:16:16 AM
From: Paul Shread  Read Replies (1) of 52237
 
It does appear that sellers/shorts ran out of nerve below 2300; the selling seemed to slow down below that level. If that's due to a lingering surprise rate cut effect, that level might turn out to be fairly significant. Of course, we also need emboldened buyers above 2300, not just below that level.
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