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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (21122)7/26/1999 1:35:00 PM
From: scotty  Respond to of 99985
 
Jim, the techs are getting hammered again. USPIX up about 18% from the bottom...In 6 days...scotty



To: James F. Hopkins who wrote (21122)7/26/1999 1:45:00 PM
From: Les H  Respond to of 99985
 
Is there any place to get charts of the Dow or S&P adjusted for the Dollar/Yen or Dollar/Euro, preferably as overlay of the absolute (i.e., Dollar-denominated) Dow or S&P chart?



To: James F. Hopkins who wrote (21122)7/27/1999 10:22:00 AM
From: Yogizuna  Read Replies (1) | Respond to of 99985
 
Jim,
Agreed. Short term, we are pretty decently oversold here, and so far "Turnaround Tuesday" is living up to it's name fairly well. We "better" close in positive territory though for the sake of the bulls. It's about time they sweated it out for awhile though, as they did in fact need their overconfidence shaken up a bit. We have a wee bit of resistance in the 699/700 area on the OEX now to overcome or be turned back by. Yogi


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