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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Crimson Ghost who wrote (81824)6/19/2002 11:35:24 PM
From: ajtj99  Read Replies (1) of 99280
 
George, most of the indicators I looked at tonight point to some kind of bounce coming up. The TRINQ is way high, and a reversal in that indicator may not be more than a few hours away, maybe even at the open.

The 15, 30, and 60-minute charts are pretty buried right now. I'd say a gap down may be a good day-trade if it doesn't get too far away. Otherwise, we may get a gap up off the AM economic reports that would relieve the oversold pressure and possibly fill the gap at COMP 1538-1543.
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