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To: SE who wrote (33290)9/9/1999 2:00:00 PM
From: John Pitera  Respond to of 44573
 
selling in $/yen and bonds weighing down stocks the past hour. looks like we might break this 56 level, if 54 goes then we may get a little run to the downside this afternoon.

EX lax for GZ's dog.....he's not posting too much.



To: SE who wrote (33290)9/9/1999 2:09:00 PM
From: Brian Hornby  Respond to of 44573
 
b5 1351



To: SE who wrote (33290)9/9/1999 2:17:00 PM
From: Chip McVickar  Respond to of 44573
 
Market has been very carefully following the upper tine of a down fork off the August 25th high SPX 30 min chart....

It's been going on for 3 days and cannot seem to break away....
This suggests a sell off to the next lower support?

1336-1340 is Major support

Break 1330 and 1310 is possible.....quickly

No leaders can be found....

Now another Upper tine is in place and the fork is off the Peak in July SPX Daily -- big spread that follows -- it's also containing the market and suggests downwards trend...

These both have have not been broken....1330 is a key pivot....

Chip

Edit: internals were split between Nas and INDU...they are both just now negitive for the day
BTW GZ's wiggle is still in place on the weekly SPX



To: SE who wrote (33290)9/9/1999 2:17:00 PM
From: Brian Hornby  Respond to of 44573
 
b10 1352 now long 5

edit - stop on 5 1346.25