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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (51831)	5/31/2001 12:09:54 PM
From: American Spirit	Read Replies (1) of 57584

Yesterday had the feel of a climactic capitulation in techs IMHO, at least total profit-taking, though by EOD there were no profits left. One indication I use is to look at the SCNT's and COMS of the world which are now back below cash in the bank. My buys mid-day yesterday are all in profits now and though my targets are modest I expect them to trade somewhat higher in coming sessions. We may be in for a very narrow trading range for awhile. The Naz seems to want to stay above 2050 and probably below 2250.

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