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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: john rieck who wrote (12951)	5/5/1999 3:01:00 PM
From: donald sew	Read Replies (2) of 99985

John, I just wanted to add that where the DOT.X closes is more important, though, but it looks ok for now. Overall, with AOL piercing its trendline to the downside and still slightly below it, thats a negative sign. Of course it could just be an overshoot, so it does need confirmation, but it should not be discounted, especially if AOL closes below 125. Also keep in mind that such trendline is moving up about 2-3 points per day. Im only eyeballing it so I could be off some. seeya

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