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

To: GROUND ZERO™ who wrote (2286)6/20/2000 4:51:00 PM
From: Chip McVickar  Read Replies (2) | Respond to of 33421
 
Well..., It's certainly possible the E-mini is a racket, created to fleece the small futures traders.
Much like Options..!

SPX held above the 50% by 3 points.

ND0u looks weak for a 5 day wiggle and the overnight market just opened lower by 26 points.

Something going on..?

Chip



To: GROUND ZERO™ who wrote (2286)6/20/2000 6:46:00 PM
From: bearshark  Respond to of 33421
 
Hi GZ:

I was amused about your comment on what you are following--the Nasdaq and the INDU. I too think the SPX is caught in between the two.

In my opinion, a close below 9975 on the INDU confirms a bear market in the INDU and Nasdaq.

Clarification:

Many consider the Nasdaq to be in a bear market because of its decline. I do not look at it that way. I am looking at patterns and length of time in the pattern.

(I seem to forget how to post.)


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