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

To: d. alexander who wrote (26020)	4/7/2000 2:06:00 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69991

Thanks Dorothy, These numbers look good. The T2113 indicates a broaden of the market participation. If it gets close to 20 it will be the time to be cautious as we could be setting up for a worse broader market sell off then we saw the last few days. For now it looks like we have room to run. There will still be a lot of people trying to cut their losses by selling the rallies, but the current trading indicates some optimism is returning. We need to take out the 4400 level on the COMPX to confirm that we have broken out of the range though. Looking for a range bound market till the heavy hitters report earnings.