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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (95784)4/18/2001 5:48:32 PM
From: John Pitera  Read Replies (1) of 436258
 
nice count.... do you subscribe to sandspring?

notice how the NASD pulled back today to close 3 points below it's 50 dma @ 2082, stocks like JNPR sold
off in the last 1 1/2 hours to close below their 50 dma . etc.

the DJIA closed right on it's 200 dma @ 10615............ so the NASD and DJIA have given themselves
some resistance levels to sell from if they like.

I don't think the NASD has been able to move through the .382 retracement of this years sell-off.

got to run a couple of new charts on that.

John
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