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Strategies & Market Trends : The Thread II

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To: shulz who wrote (2718)	6/25/2001 4:59:37 PM
From: SirRealist	Read Replies (1) of 9026

SOX has 2 day double top. Looks like we gap down, rise early. Now it looks opposite the close; we may be pricing in 1/4 pt from FOMC. Assuming 2025 breaks on NASDy, look for 2015 as a bounce point. A close of 1990 would confirm the redirection. The most recent bottom of 1973 may come on Wednesday; I expect it to break Thursday. I'm still looking for 1860-1870 by Thursday as the nearterm bottom with window dressing Friday.

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