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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Iris Shih who wrote (19654)	2/3/1999 8:49:00 PM
From: Clint E.	Read Replies (2) of 70397

Hi IRis. The Montgomery conf. has been a non-event so far since most people were/are pre-occupied with FOMC, CSCO, and the unemployment data this week. Exactly two weeks ago, I turned from bullish to short-term neutral and expected a range-bound market thru the 1st week of Feb. That's what we've had so far. I am now seeing more positive signs that point to higher highs in the short-term. Therefore, I am changing my position from short-term neutral to short-term bullish.......Of course, long-term I am still bullish. I now think that there is a strong possibility for the DOW to reach 9900 and the NAZ to reach 2700 in Feb. The 4th of July fireworks for the major indices could arrive as early as this Friday. Take care; Clint

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