Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 675.24

-1.2%

Nov 4 4:00 PM EST

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To: Clint E. who wrote (33785)	8/26/2001 8:53:35 PM
From: j g cordes	Read Replies (1) of 67645

Perhaps other CEO's will decide to voice harmony with Chambers .. a rally to 2050 area? They'd be pleased as punch to get consumer XP enthusiasm, with all the secondary buying new computers bring.. an Oct doubt to test support, then rally again in time for Thanksgiving and holidays. Who knows, it could get explosive if sideline (money market) money and short covering were to join forces.. could run up into 2600- 2830 area. However, following that, if energy companies think they can go after the public like last winter.. next Spring will be tough and re-test lows. Gov debt won't improve, big cap spending will be cautious..

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