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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (411)3/11/2000 2:10:00 PM
From: IndexTrader  Read Replies (1) | Respond to of 33421
 
Hi Robert,

I agree with your view on the R2K. It and the Naz still have momentum behind them. I will be watching MACD and momentum for divergences on the next highs.

The Dow on the other hand is forming a bearish flag and looks like it wants to go down to 9500.
bigcharts.com

The COMPX corrections seem to last only two days, so perhaps the next couple of dips in that index could be bought. <gg>