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To: donald sew who wrote (30505)	9/21/2000 12:06:35 PM
From: Peace	Read Replies (1) \| Respond to of 42787

Hi Don, I agree that the SPX action is a big red flag. Also the NAZ is barely hanging in here. So far the NDX 3700 and SOX 980 support areas have held. A break of these levels would certainly be negative. Peace

To: donald sew who wrote (30505)	9/21/2000 12:30:02 PM
From: Galirayo	Read Replies (1) \| Respond to of 42787

[ SPX Trendline ] Don .. I agree .. The Trendline Break is not a Good Signal. I'm looking at a few things in the SPX Chart that has my attention. One of the 1st things I see that I like in the SPX is the little wiggle in the Slow Stoch Line. They are usually pretty accurate. See the Dates of .. 10/13/99 .. 12/09/99 ... 01/28/00 .. 02/23/00 ... 05/23/00 .. 06/27/00 .. 09/12/00. This wiggle is normally accompanied by an Upward moving Slow MACD. This is happening currently. Also on those dates .. well some of them ... the Price has broken out of the Bottom of the 1 year LRG. Which is usually followed by a Rebound to the UpSide. We have that break today. Looks like a consistent pattern to me. Take a look and let me know if you see this. I value your opinion .. That is why I'm here reading. Cheers! Ray