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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (23277)	5/16/2001 5:16:56 PM
From: velociraptor_	Read Replies (3) of 37746

Both the DOW and the S&P have broken long term down trends. The nasdaq is the only lagger here, but regardless, the action of the other two indexes can be considered bullish. I will now be putting on my plastic bull horns for now. Upside targets for the immediate term are... DOW 11,400 S&P 1300 Naz 2200-2250 Longer term, I am unsure yet, but I will say that if the DOW breaks above it's high around 11,750, there's a good chance it could see a few thousand points higher.

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