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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (26156)	7/28/2000 12:07:00 PM
From: Electric	Respond to of 42787

Chris, Interesting you say that.. When we approached 3700 and passed through it, I felt we may see a firm rally on the NAZ. If you take the top to bottom drop from 4300 to 4660, that is an overall 10%+ decline in a short period. I think we are seeing a new market in the way we rally and sell off. I think we will not see a declining August. Not to say we wont sell off from time to time, but I feel we will rally and drop in the same month. I expect to see a rally over 4k again, even this month. 3711 is 50 DMA.. resting there right now. I think they rally the DOW into the close, and that will minimize the NAZ decline.. I hope I am right, I would hate to see a blow-off on Monday.. Next time you see this drop comming, let me give you my acct number, and get me out!!! ~gggg~