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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (43310)	3/16/2000 12:58:00 PM
From: Stephen	Respond to of 99985

Well ... many of the sector index's are close to resistance levels ... Don Sew has a Dow class 2 sell ... and Jerry Favors called for the great possibility of a technical bounce in the DOW back to resistance at or around 10583 ..... before falling again. This sure looks strong ... but I am treating this with a healthy dose of skepticism and don't see it as a precursor to the next leg up ... just a bear rally ... but time will soon tell ..... jmho ... fwiw ... Stephen