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Pastimes : Ask da_cheif
MVIS 0.927+0.7%1:16 PM EST

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To: GROUND ZERO™ who wrote (3232)7/14/2001 8:35:03 AM
From: Moominoid  Read Replies (1) of 8150
 
My reading of the charts of the indices is indecision, especially looking at the NAS monthly chart.

On the NDX the stochastics just don't want to cross <g>:

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On COMPX they get a little closer:

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SPX is somewhere in between

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and NYSE is even worse:

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The McClellan Summation cna't make up its mind either:

stockcharts.com

It seems that many of the Elliott dudes are looking for a C of B if I got that right <g>. I guess that's what Prechter's urgent message was a little while back. Back up to 2800 and then a big crash down with the C of the main correction. I am VERY skeptical about EW though...

My indicators are all on buys though.

I don't plan on touching my mutual funds, a couple of Aussie stocks or superannuation whatever happens (well I can't touch the latter while I'm still in this job, which isn't long). Actually I'm adding to the core portfolio.

David
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