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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who started this subject5/21/2003 2:38:18 AM
From: TheLineMan  Read Replies (1) of 57110
 
The way I see it - if the Nasdaq falls 10+ more points to the downside we are heading to 1438, we drop another 10 pts later and 1380 is a definate. If that doesn't happen by the end of the week, then 1600 looks like a good bet for early mid June.
Actually if the Nasdaq is still languishing here by the end of the week the bear argument will come forth too. The COMPQ must move up from this level before the end of the week to save itself.
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