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To: Poet who wrote (7802)	12/1/2000 12:18:11 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 10876

<delete> SI Duplicated message

To: Poet who wrote (7802)	12/1/2000 12:19:21 PM
From: MulhollandDrive	Respond to of 10876

If you look at the INDU chart over the past year, 11,000 seems to be formidable resistance. The index couldn't rebound above that level at a time when the economy was perceived to be very strong. Now we are seeing a deceleration in the economy and we are expecting the DOW to rise? Of course lowering interest rates could set off a new round of buying, but my question is why would that be sustainable if we are seeing a slowdown in the overall economy and the DOW still technically not trading at "correction" levels? (from the old high)