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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (44666)	7/10/2000 1:45:43 PM
From: John Pitera	Respond to of 63513

maybe so, Friday was a good day, we had the retailers and banks kicking in to broaden things. we have 3 things that need to happen, the SPX close above it's June 19th high, the Nasd close above it's June 21st high. and the djia close above it's 200 dma at 10740. right now we are at the top of the trading range, and it should look as bullish as can be, because it normally does at the top of the trading range. If this market is going to be strong in the next month, we should easily take out those levels and then we will have a broader, deeper run. the market is like 1 and a half yards from goal and it's 1st down, so we'll see a resolution one way or the other pretty soon. I've held off doing broader selling due to the pickup in the a/d, new highs new lows, more groups acting better etc.. JP