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

To: GROUND ZERO™ who wrote (752)4/4/2000 11:43:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
GZ,

There's a lower tine at 4100ñ off that big fork from July.

If the market can close above that today, there might be a small chance for a base here.....but at best a weak one off this old fork.

The lower tine of the most recent fork - March high, appears much more dominant and this lower tine is right at the January lows.

Chip



To: GROUND ZERO™ who wrote (752)4/4/2000 1:23:00 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
I think we need someone to talk about some Low Levels on the
Nasd to really get the fear in the mkt.

IF we went as far below the 200 dma as we did in the 1998
Q3 decline then we will go to around 2900 on the NASD.

So there now that it's been said..... is this throwing
enough virgins into the volcano?? -ng-

ng = nervous grin


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