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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (24206)	10/30/1999 8:19:00 PM
From: drsvelte	Respond to of 69928

"As you can see the strength of the move was greater than normal as the index easily went through the 1368 level, so that signal was too early. The sell signal was in fact negated an hour after the open the following day" Thanks Harry! The volume in the last two days has been very impressive. I believe this is the real thing, not a bear market rally. We may have some profit taking on Monday/Tuesday, but then relatively strong 'till FOMC jitters set in. I'm long (stocks, not indices) and staying. Good trading!