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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: Clint E. who wrote (20602)	4/23/1999 10:07:00 AM
From: tech fool	Read Replies (2) of 68128

Clint and Harry, The NYSEBP indicator has reversed about 3 times annually in the past couple of years. It last reversed to a buy in September, about 1 month before the October bottom. It reversed downward to sell in February. I would expect a 3-4 month move, based on past performance. It has moved from its short term low of 40% to 48% in the past couple of weeks (+ 70% is overbought). I'm waiting for my short term indicator (Clint) to go bullish before committing the farm <g>. Long EXDS, INKT, VERT, CNET, COVD, VRIO, QCOM and UNPH.

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