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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?

To: Soumen Barua who wrote (4780)	1/26/2000 7:40:00 PM
From: GROUND ZERO™	Respond to of 11513

Right, and I also think that tonight may actually be the buying opportunity before a higher opening in the morning... we're at support and we should get some sort of bounce now that there's talk about a big correction under way... we may still see these lows taken out, and I expect that to happen soon enough, but the support just beneath the market ought to hold a rally back up to 1440 or better... especially if this bond rally is real... GZ

To: Soumen Barua who wrote (4780)	1/26/2000 8:49:00 PM
From: Chip McVickar	Respond to of 11513

Soumen, I've already posted on the bottom of my summary that the charts suggest a strong move up tomorrow. With this break lower tonight, a gap down at open should be a great buy.... DJIA has nice double bottom with the second shoulder forming and bounce off a lower tine of a pitchfork. Over the last several months a bottom and consolidation has produced atleast 3 days and more of solid moves up. I look for atleast 11,350 to 11,400 Spx has the same double bottom, monthly patterns and 1430 is the goal. Lets See what happens. Chip