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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (61795)	12/15/2000 12:03:27 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 63513

If you look at the 50pt naz chart and compare the inverse of what looks to be a higher low forming with the lower high from last March, it may give a mildly optimistic outlook. xocharts.com With a likely bias change next week, I suspect that the short term downside (from here) is limited (where have I heard that before). Remember that CSCO announces earnings after everyone else. Earnings warnings are just coming out for the upcoming earning season, so CSCO wouldn't be pre-announcing until the first week of January anyway. But you know that ain't gonna happen. VIX coming up to the BRL. Suggests a buy point. Naz tick got below -1000 so we had some decent selling pressure (no capitulation level tick yet though). Lowest Tick level since the end of November.