Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Sharp_End_Of_Drill who wrote (29499)	3/14/2003 9:42:12 AM
From: Arik T.G.	of 36161

Hi, No time for full commentary. Few points Naz maintains dominance over NYSE. Current leg up to around 1200 NDX BKX worst sector Bear is not over before BKX<450 Gold 330 very strong and last bull market support. Below only 272-275 friction with real life support. Next bull leg (confirmed only by a new high, but could be hinted along the way by market action) would be a giant move dwarfing the action of the last 3 years to specs on the chart. This is consistent with a monetary crisis of sorts (LTCM^2) that should send the BKX to where it belongs. Currencies - Euro taking a break from the recent run could correct to 1.035 but the "Strong Dollar" policy IMO is unchanged and will continue to produce the same results as it did for the last 6 month after the current pause. ATG

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