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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (123645)	9/3/2005 8:58:50 AM
From: skinowski	Read Replies (1) of 209892

Yes, semi's look soggy, and agree, Stocks are all over the place, bullish, bearish or neutral depending on where you look It is still possible that last week's rally was a Flat (or part of a larger correction). Could be that the market "tried" to climb the "wall of worry" all week... but this may not last. (That said, if $SPX shoots up towards the mid-1220's, that would get my attention). As I recall, it was Marty Zweig who observed that negative market action on a day before a major holiday is a bearish sign. It is possible that the public mood is, after all, rolling over.

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