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

To: Moominoid who wrote (2727)	8/28/2000 11:04:09 PM
From: John Pitera	Respond to of 33421

The daily NASD chart has come back to the Green 50% retracement level @ 4090 geocities.com

To: Moominoid who wrote (2727)	8/30/2000 10:27:02 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 33421

David, That enormous divergence between the value stocks and traders buying the pure momentum stocks seems to have ended. The weekly charts on the utilities broadcast that some months ago. Perhaps it is also a harbinger of value investing returning..? To me it's all Growth investing and momentum plays a part. Personally, when I buy equities, I'm primarily an undervalued mid to big cap stock investor who usually holds for years. But I do trade a portion of the long-term holdings in a manner to capture profits and mitigate the tax consequences. Chip