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To: Terry Whitman who wrote (53659)7/29/1999 11:05:00 AM
From: John Pitera  Respond to of 86076
 
Terry, the firmest support is at spx 1280, 1350 where we bottomed on monday was the .618 retracement of the late may move from 1277 up to the high at 1420. We have gone below that today, as you know.

This should be an impressively weak market.... an ugly and efficient decline.

I'll buy 10500 on djia