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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Saulamanca who wrote (10018)6/24/2001 4:26:22 AM
From: Lee Lichterman III  Read Replies (2) of 52237
 
Yep, You and Dealer ( who identified it in a PM so as to give others a chance) nailed it. It is the NDX inverted. For all those that thought the chart was going up but have longs in tech, it may be wise to scale back a little. For those that thought it was going to tank and are short, same recomendation. It is clearly at a decision point but by inverting the chart, it helps to take ones bias of preferably playing long or short out.

Good Luck,

Lee
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