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


To: Defrocked who wrote (1487)5/3/2000 1:30:00 PM
From: Defrocked  Read Replies (1) | Respond to of 33421
 
Message 13553549

(Just realized that'a a double,double post to myself<g>.
Obviously I'm posting too much<ng> But $1.5bln position
trades are worth noting at least twice.<g>)



To: Defrocked who wrote (1487)5/3/2000 2:36:00 PM
From: John Pitera  Respond to of 33421
 
Def, this NDX chart is Probably one you will like:

geocities.com

obviously we need to take out the 200 dma prior to any
lower levels being viably.

The economy is slowing down, no question, As you have
pointed out GS sold a lot of SPoos contracts today, and the
were the ones' who did the massive downgrade of the
retailers.

The retailers are downgraded, because consumer spending is
slowing.