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To: Temple Williams who wrote (40810)	2/17/2000 1:15:00 AM
From: John Pitera	Read Replies (2) \| Respond to of 44573

Hi Temple... are we in the midst of a complex correction, from an wave perspective? geocities.com we need the NASD to really kick into a sell for something more substantive to occur. imo Recap of earlier posts on the mkt lab thread: -------------------------------------------------------- Message 12815228 we still have the NASD momentum divergence sell in place, but we will need to see a reversal in the next day or two. geocities.com and we have closed outside of the Bollinger Bands for the only time this year, this is statistically abnormal, and we should move back into a trading range, of which we are at the top currently. geocities.com and we are at an extreme in the linear regression using the data series since the Oct 8th 1998 low. the two grey boxes even may be showing a price pattern similar to earlier in the year. John ---- Message 12827178 THE DAILY NASD CHART FROM 1-1-87 TO 2-9-00 W/ 200 dma updates. geocities.com yes it's true we were 4 standard deviations above the 200 day moving average on the NASD, and were 46.69% above the 200 dma on tuesday night as well. I believe This is the highest % above the 200 dma that we have ever been. geocities.com this is a log-scale chart so it should make us feel a bit better -g- John