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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: country boy who wrote (1079)	4/18/2000 2:49:00 PM
From: Duane L. Olson	Read Replies (1) \| Respond to of 4564

C.B. Some good plays there...Your XLNX was mentioned favorably on CNBC again today. I'm not following IDTI or CY at the moment. Semis sure looking strong here.... Wish we could nail down the support/overhead levels for the Naz here. Need to know where to reverse trading approaches -- rarely have to do it this fast. siliconinvestor.com When I was calling for a range of 4450 to 3600, I never expected that breakthrough to lower levels -- and once we did, 2850-2900 looked like an eventual target. The way we blew though 3600 to the upside here today has me a little confused... Looks like a couple of smaller O/H resistance points back up to 4450, and I'm wondering if great earnings is going to be enough to carry us back there. As we get out of earnings there doesn't appear to be anything on the horizon to keep the market levitated until fall, so I'm expecting a retest of the lows again -- and a "nowhere" market through the summer after that... Do you have a feel for the support/overhead points in this crazy market?tso