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Strategies & Market Trends : Classic TA Workplace

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To: Paul Shread who wrote (25143)	12/13/2001 9:03:21 PM
From: bcrafty	Read Replies (1) of 209892

That wide disparity between the SPX and the naz futures is weird, isn't it? Are the futures implying that technology stocks should be way up because of the Bin Laden development but the broader market should be almost flat? It makes no sense to me. Anyway, just yesterday I thought the news was that Bin Laden had fled the caves five days ago and was now in Pakistan. Although I can see that news from yesterday might have been a deliberate red herring, what if they find empty caves tomorrow? I wonder if the naz gives up whatever it gains tonight. Oh well, we'll see how the overseas markets react to this development as well as what happened in our market today.I was hoping that the puke would continue, but it looks like it might take a break now.

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