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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (478)	10/16/2000 8:34:40 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 4583

I was one day early, and Globex low from Thursday morning on the Naz was only equaled Friday morning. But we did get a key outside reversal on the Naz, not the SPX. In fact I'm still bearish on the NYSE, which will have extremely tough time around 651, if it ever gets there. It looked to me that the NYSE has to do some catching up with the Naz before the BK. In light of that I had some OEX 750 puts (bot when they were OOM) and covered them with short deep OOM NDX puts on Wednesday. Both sides showed gain when closed. On Thursday the unwilling Naz was forced to one more down day by the NYSE and the exogenic forces (Mideast, Oil). If you're still looking for a BK try after the current correction up and failure of the NYSE under 561, NDX Fib 3400ish. Side note- MC thread just came alive, good ST uptrend indicator. Good trading ATG