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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 660.08-0.8%Nov 18 4:00 PM EST
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To: j g cordes who wrote (16028)5/14/1998 3:01:00 PM
From: Clint E.  Read Replies (1) of 68115
 
Jim, I just entered another short order for DELL. Now at 96-5/8...I expect to see it at 90 or lower before earnings.

I expect markets to tumble pre-FOMC. I think, we could start this afternoon. There is no follow-thru. Short-covering, bottom-fishing, and calls buying must have brought us back here but that's all. With FOMC around the corner, markets must be on their best bahavior and that means DOW needs to head back to 9k(or lower) and NAZ to 1825(or lower).

NAZ up 7.5

Clint
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