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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: Suresh who wrote (33280)	7/6/2001 10:50:03 AM
From: j g cordes	Read Replies (3) of 69853

IBM's 200 day moa is 105 1/8th. Todays low is 106.65 so far.. the 200 day will serve as a support for a short while, until news breaks it below. Then 91.74 is support at 200 week moa.. that should happen over the next three weeks, sooner if the big trading houses have already established downside profiting positions. Jim

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