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To: fedhead who wrote (4182)12/18/2000 10:43:09 PM
From: Mark Fowler  Respond to of 57684
 
Yhoo has incredible resistance in here 331/2, 45, then a major one 50ma.next support 26. Intraday yhoo chart doesn't look bad, but no pattern on Day or weekly.

I have a feeling we will get that rally when no one is expecting it somewhere close to NAZDAQ 2000.<<

Anindo This what i have...30yr. yield has 1/2 point rate cut priced in and all i'm going to say is he better come thru with something...the market is watching for the news 1:15 eastern time is what i have.

The others: Reversal stick showing on Spx same as on Indu. Watch for reversal On IIX near 303. Sox needs to hold here and reverse intra day set not bad. The Q's have support at 62 and good setup on intra chart. If we rally think short term must see it follow thru... Resistance to plow thru from the previous rally i'd say 50mas will be key on breakouts... long term trends no change -- down!