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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (25843)	3/30/2000 1:05:00 PM
From: Johnny Canuck	Respond to of 70596

It looks like there is a pretty decent support level at 4450 on the 60 min charts. If we break that I will exit all longs in my trading account. siliconinvestor.com

To: j g cordes who wrote (25843)	3/30/2000 1:26:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70596

Trading is still orderly, no panic. The intra-day pattern is still intact. The low was made around 1 PM EST, just when the MM went to lunch/bathroom. Looking for a re-bound to the resistance level. I expect another test of the low going into the last hour or trading. The market is weaker than I expected. A test of the 4450 area is a really possibility in the next few days. It is hard to tell at what level the bargain hunter will come off the side lines. I will stick with my strategy of exiting all longs on a break of 4450. Going to a meeting, back after the market closes.