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Strategies & Market Trends : The New Economy and its Winners
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To: Mark Fowler who wrote (8026)7/27/2001 4:40:53 PM
From: Bill Harmond  Read Replies (2) of 57684
 
This is also the third higher low (December 2000, April 2001) in the NASDAQ McClellan Oscellator (decisionpoint.com), and I was told by one manager yesterday that the Nasdaq has reached three diversions from the mean on the downside. To me this spells a technology breadth thrust, basically an upside explosion, happening now.

Lets hope I'm right. Today is my fourth straight big up-day. ONI Systems today after JDSU warned was sooooo sweet. Also, I have Verisign LEAPS, so those really came back on today.
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