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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (2873)	5/20/2001 9:51:04 PM
From: AllansAlias	Read Replies (1) of 209892

To measure the push in the NASDAQ one needs to watch the INuts. They lead the rally in January and they are leading this one as well. I am speaking here in terms of relative performance off the bottom vis a vis the NASDAQ Composite. I also think the INuts Elliott-count quite well. The $DOT broke out of a falling wedge on Wednesday -- quite bullish. If the bulls push these empty dreams to new highs, I think it'll lead the more serious trash behind it. The $DOT is flirting now with the September DT line. No breakout yet.

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