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


To: j g cordes who wrote (24713)1/5/2000 8:53:00 AM
From: d. alexander  Respond to of 68400
 
Jim; thank you. I guess what is on my mind (roughly) is:-

1. 1 bar down on the Comp; 1 bar down on the SPX; 3 bars down on the DOW. Anyone think it's a (possible) top (short-term)?

2. If so, shorting the rally might not be a bad idea <g>

3. Liquidity drain would mitigate the stall?

I like the idea of an overbought phrase! Nice.

Dorothy