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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (40382)6/1/1999 8:20:00 PM
From: Jack of All Trades  Read Replies (1) of 94695
 
Bill,

Shorts have been jumping on since mid May and will more than likley take some money off the table. This should give us a ralley.

Also the AD line has to break down more from current levels.

Don't get me wrong I think we are significantly over valued but 9000 and 1220 (SPX) are strong support levels.

of course IMHO

Jeff
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