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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who wrote (2890)	7/24/2001 11:39:33 PM
From: westpacific	Read Replies (2) of 5893

Jerry, great analysis, we need a bounce in here and bad, lets hope Capino is right on cycle lows!!!! All technicals at serious support, we break it will be so nasty and could lead to a crash IMO with the DOW the hardest hit. They have been dumping safe havens as witnessed in the energy sector of late. As for longer term, I tell you the DOW will not ever see over 11,000 for the rest of this year. As far as I am concerned the DOW is all that matters for now, NAS will follow like a puppy. Also FTSE and CAC hit new 52 week lows in the closing session for today. Maybe this bounce back over 12,000 in Japan will help to bring this oversold bounce we need to keep this market alive for now. Keep up the great work. All the best West

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