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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Kenneth R Miller who wrote (7844)4/26/1998 9:51:00 PM
From: Chris  Read Replies (3) of 42787
 
ken

i dont know where the mkt will go in terms of dates (ie: market will decline from Apr 27- 29 and then turn around and rally to a high in late May)

but it do see many signs of topping signs -- in sector charts and djia and sp500.

but the question is whether we are in correction or just merely consolidating. i think we are in fine shape if 21 day ema levels are held. (see other post where i listed those 21 day ema levels).. do note that sp500 already broke the 21 day ema level. which is bad..

pfe -- all green light.
stil above 5 and 9 day ema. 5 day @ 114.xx, 9 day ema @ 110.8xx
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