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

To: GROUND ZERO™ who wrote (2686)	8/22/2000 9:24:09 AM
From: Terry Whitman	Respond to of 33421

I guess those fur-a-ners won't be buying any metals or land, just imaginary stuff. REITs look to be making a double top on the weekly- stockcharts.com

To: GROUND ZERO™ who wrote (2686)	8/23/2000 4:01:59 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 33421

GZ, >>bullish for the U.S. Dollar Index<< Market just bounced off the upper trend line of the daily chart channel for five touches using the first two peaks in June. The break thru's in early August produced very little follow through....! Lower tine of the dominant pitchfork is extremely "Ratty"...! This channel is getting old in the tooth. But the 20 year chart has some prospects for 130.00± if the fundamentals have changed..? FWIW...I'm in neutral for any new entrence..? On the side....Vix remains under 20 and this suggests a lack of interest more then anything else. Chip