John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (3371)	3/6/2001 10:31:46 AM
From: Chip McVickar	Read Replies (1) of 33421

Thanks John, The Dow Diamond is probably no more then a curiosity. But it does mean that time is running out on that particular market psychology. It may become a powerful Base to move higher from later this year. If my read of the coil from Oct is correct, the market has entered a bullish pattern until 12-13 March. With any Luck...! <smile> 10750 is a magic area, with 10950 as a target high. Internals still strong: stockcharts.com SPX 1290 another magic area with 1330 as an upper reach. Nasdaq magic area is 2250 then 2600 and upper reach 2750 Looking like a base..? stockcharts.com Nice Gap this morning....! Yardeni's site is excellent, have to spend some time there.

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