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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (8710)	12/1/1999 2:06:00 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 63513

Interesting that you use the term "shakeout". Jan posted this message tonight about AOL which is in a "shakeout" pattern. Turns out that the S&P chart looks very similar. Message 12150868 I hear that the Mobil/Exxon merger closed today... Also, my bottom indicator chimed today. If you check the charts from last years correction, you will find that CSCO held up until the very end of the correction. Once CSCO corrected, the bottom was set and the market started to move up. CSCO has now pulled back approximately 7% from it's high. It may pull back to $86 which will provide a great launching point. JXM