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

To: Jack of All Trades who wrote (1128)	4/17/2000 2:13:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 33421

MACD and the odd combinations I follow do not support an extended move up. But buyers can change that anytime they want..! The 3 and 5 have crossed down. The 15 is positive and the 60 min has never indicated a trend has been established. I don't use these for entering an exiting, just as trend followers. The daily chart patterns have produced nothing of interest. I'd quess the policy makers are all sitting in board rooms wondering what to do next. We may see something after 3:00. Looks like the spike on the 60 min chart will be broken quietly this afternoon on lack of interest. JMHOpinion, Chip