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

To: Chip McVickar who wrote (615)	3/30/2000 5:21:00 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 33421

Chip, You are very right about that M top in the NAZ... it's a classic topping pattern and very ominous..... GZ

To: Chip McVickar who wrote (615)	3/30/2000 3:03:00 PM
From: John Pitera	Read Replies (2) \| Respond to of 33421

We should be finishing up an A-B-C correction in the NASD now! geocities.com if we stay above the 4401 level on the NASD, this looks very much like a completed A-B-C correction. Money is still moving around in the market as we can see with the rallies in insurance, food, and drug stocks as well as other value areas. So Far the DJIA and the SPX have held up quite well, which again makes me think that the NASD is completing the above A-B-C corrective pattern. If we do move decisively below the 4400 area then the zones mentioned last night will come into play. ie 4250-4190 John