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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Stockdoctor who wrote (43957)3/30/2003 2:05:08 PM
From: quote 007   of 52237
 
To:Jorj X. McKie who wrote (34904)
From: Frederick Langford Friday, Mar 28, 2003 2:40 PM
Respond to of 34991

Market Swing Discussion: Don Sew's Chat Room Notes and Recaps
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Posted by Nikko_thyme on Friday, March 28, 2003 - 11:03 am:

Chat Notes : Fri 3/28/03 10:00 AM

Daily Signals : DOW, SPX, OEX : Approaching CLASS 2 BUY

HUI : MIDRANGE

Donald noted a Bullish Flag/Wedge which started forming 9 days ago on
the NDX. This pattern may signal a small bounce is possible in the
near future.

He is still holding a 15% short position. It would not require a large
move up to drive the Tsunami reading into the CLASS 1 area. If this
happens Donald will likely add to his short position keeping in mind
the Tsunami has a 1 week window. A CLASS Tsunami reading has signaled
prior market declines ranging 18-20%.
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