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Strategies & Market Trends : The New SEctor SPDR Funds

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To: Mr. BSL who wrote (92)	3/4/1999 8:33:00 AM
From: David N. Jones	Read Replies (1) of 122

Thanks Dick,the daily NYSE HI/LO reversing to bull alert is interesting. Even if the 10 week does not reverse I think it might be worth setting a few strategic buy limit orders for a trade on friday in case the employment numbers come out better than expected. The true direction with the oils will not be clear until OPEC meets later in the month. Should OPEC agree to set higher oil prices then the sector will really come to life. Some of the money rotating out of the techs would find its way to the sector giving us a solid base and good early gains. If they don't then it's back to the recent lows. Have a good day. David

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