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

To: donald sew who wrote (28079)	8/21/2000 2:36:05 PM
From: Paul Shread	Read Replies (1) \| Respond to of 42787

Nasdaq spent most of June and July rising above its 200 DMA; it's spent most of the last month rising below it. A sign that the trend has changed? Also, as there seems to be little doubt as to the Fed outcome tomorrow, why not begin selling on the news now?

To: donald sew who wrote (28079)	8/21/2000 2:36:12 PM
From: AllansAlias	Respond to of 42787

I was long after the NDX flush, but noticed that SOX was not helping with the rally at all so I took the long off the table. INTC just hit a new daily low and ALTR is finally giving. SOX is drifting downward but is too close to support, as is OEX with it touching the open, for me to short the NASDAQ mini. CSCO being fairly strong today has really helped keep this thing up. Watching it very closely. Methinks I will fade this bounce. Line of least resistance sure seems down today.