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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: donald sew who wrote (14999)	5/26/1999 11:54:00 AM
From: bearshark	Read Replies (2) of 99985

Don: In my opinion, this market should provide us with at least 300 points on the upside for the INDU. That is a "should." This "rally" is two days overdue but I have very strong buy signals. After the rally is done, we should pay a visit to INDU 9900 or so. We have already broken through a key support level that should get us there. If the DOT stocks cannot gain some equilibrium, we should have the savage one-day move down that I thought was possible.

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