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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Lee Lichterman III who wrote (13138)7/26/1998 12:23:00 PM
From: Chris  Read Replies (1) of 42787
 
i heard mutual fund had OUTFLOW of $$$.

this week we also have the employment cost index on thursday.

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anyways, to answer your question:

I *prefer* to see a mkt rally on monday/tuesday. I think those first 2 days are crucial. If they are down, just imagine where the DOW will be.. If we go down, that means naz/spx/ndx will be below 21 day ema.

In other words, as bob g stated, the mkt will have a lot more "technical damaged." if we go down any further.
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