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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Mike Sawyer who wrote (16104)	4/16/2000 10:58:00 PM
From: stock talk	Read Replies (2) \| Respond to of 59879

I really think you (everyone)should resist the urge to buy on the dip tomorrow. As I have already posted, I won't be buying anything at any price tomorrow. Unless we see a 500-1000 point nasdaq sell off then I take a position in QQQ. Tuesday there will be some key companies reporting earnings that may provide some short term market support. If you have to enter that may be a better time. Good luck and sleep well. "At midday, the benchmark Nikkei average was down 1,750.79 points or 8.57 percent at 18,683.89. The June futures contract fell 1,500 points to 19,000 and the capital-weighted TOPIX index of all first-section shares on the Tokyo Stock Exchange lost 130.53 points or 7.89 percent to 1,523.17. Selling in Tokyo stocks accelerated in mid-morning after traders saw Nasdaq composite futures traded on Globex extended last week's tumble in U.S. share prices. That pushed the key index below the 19,000 mark for the first time since March 16. ``After seeing the continued slide (in Nasdaq on Globex), traders assumed they would see a further sell-off in U.S. trading hours later today,' said Koji Hatano, a senior analyst at Sakura Institute of Research."