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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 (47475)	8/2/2000 10:52:37 AM
From: John Pitera	Respond to of 63513

you know if you focus on the OEX daily chart, the Nyse daily chart and especially the DJUA daily chart the market looks and feels much better. OEX bounced off it's 200 dma like a pro. a Inkt blur..... 10:17 ET Inktomi (INKT) 103 9/16 +5 1/4 (+5.3%) : -- Technical -- Double bottom? Retests July low (also flirts with May low and long term retracement) and bounces. Intraday key to further upside progress is support in the 102/101 area. Further out the 200 day moving average awaits at 115. This has been the critical barrier on four times over last four months.