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Strategies & Market Trends : Take the Money and Run

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To: Jorj X Mckie who wrote (242)	5/18/2002 2:29:45 PM
From: Challo Jeregy	Read Replies (1) of 17639

Donald Sew on friday, about 1 minute before the market reversed in the am- Daily Signals: (Intraday Readings) DOW, S&P, OEX: Borderline CLASS 1 SELL NAZ, NDX: CLASS 2 SELL, Near Borderline CLASS 1 SELL VIX, VXN: Borderline CLASS 1 BUY USD: CLASS 2 BUY The USD has had a flag or bearish wedge break down. The USD has also made a local lower low. Donald is going to add a larger short (USPIX) position today to his existing short position, especially if the market closes at the high of the day. The break down in the USD could be a negative for the market. One of the components in Donald's calculations has turned down. This does not happen often and can signal that the top is here.

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