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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Doug R who wrote (1844)	12/15/1998 11:05:00 AM
From: James Strauss	Read Replies (1) of 99985

Doug: That triangulation of trendlines has a downward bias... The A/D line and New Lows will be our guide along this trail... The rally today needs to show improved breadth for any chance of clinging to support at current levels... Given the power of the McClellan Summation Index down move, it seems likely that this will be no more than a blip up in a general downward Sawtooth pattern... Jim

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