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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: John Madarasz who wrote (29)2/24/2003 10:02:19 PM
From: JRI  Read Replies (1) of 41528
 
Normally, I'd be looking for a 5th down here, and some sideways/up starting in the morn...however, thinking back to the up we got Fri/Mon a week ago...well, I'd think that there is a bit of a bull vaccuum from late Fri-Monday gap price action...I'd think bulls have stops set along there (talking about folks who loaded late Fri. when late day "push" was on...)

Hence, I'm thinking if we gap down to COMP 1310 or so...I'd think we could slide to 1292. ?

Also, a COMP gap down likely means Soxx gap down...and that could be a big-time turn on that chart.

Of course, absence gap down, this is all baby diapers..

Too bad about McCullough
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