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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: ajtj99 who wrote (49835)4/10/2002 9:53:54 PM
From: Justa Werkenstiff  Read Replies (3) of 99280
 
AJ: QQQs had a rickshaw doji which is indicative of a reversal of sorts. They did a double bottom off the February lows which also had a rickshaw doji. Both bottoms are very similar. Perhaps they are too similar to be bottoms <g>. If CSCO and MSFT and INTC have to reach for maximum pain then so does the QQQs and NDX. VXN is at the top of its bollinger band and may have a little gas. Don't expect much though.

I think the Dow can move to test its most recent highs or even go higher highs. I don't think it matters which one but bulls will get worked up into a frenzy to buy WCOM <g>. All ready the bulls are pointing to the Dow. I am thinking about shorting the Dow if this happens.
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