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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (7534)5/16/2001 2:48:44 PM
From: Paul Shread  Read Replies (3) of 52237
 
INDU broke its downtrend line, SPX is still under its DT line. Looks to be at about 1280 using daily closes, higher using highs.

Nibbled at PAYX, TYC, HRB and SPLS today. Still about 35% cash. My buy list for pullbacks is those stocks plus BA, UTX and GOLD. Not a lot to like on an FA basis out there.

Heinz says the May 23 turn is more important than the 15th (I'm assuming yesterday's dojis and today's strong up day are a turn).
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