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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (76)	2/8/2000 9:39:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 428

We will have to be extra caerful here now with this morning break out on the productivity numbers and labor costs ( +5% and down 1% respectively). This could turn that resistance line across the top of the previous NDX and NASDAQ tops into a support line should it hold. Lets hope CSCO comes up with some obviously bogus numbers tonight to hurry the indexes below that line or we could make a blow off top that will squeeze the short side and shoot everything even higher. A lot of people were negative this weekend which means there are probably a lot of shorts that are covering right now. Good Luck, Lee