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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 685.66

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Dec 5 4:00 PM EST

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To: bobferg who wrote (17951)	10/9/1998 11:12:00 AM
From: Clint E.	Read Replies (1) of 68711

Hi Bob; Thanks for your detailed response. Was pretty good. I know that you have been rightfully bearish and expected a post-FOMC selloff. I should have listened to you and shorted a few names. I like your theory about increasing crude oil prices to help Brazil, Mexico and therefore South American economies in general. A small price to pay by all of us that would eventually help our economies. So what is bad for bonds is good for stocks and there is hope that a couple of rate cuts and some selloff in treasury bills would eventually help stocks. BTW, thanks for making me aware of DELL's 200 dma yesterday. Because of you I got interested when it spiked below ~42. Otherwise, I would have waited for a spike below 40(39=strong support/breakout from memory). Good job. Clint

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