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To: Michael Watkins who wrote (5331)	1/12/2001 1:26:47 PM
From: Ally	Read Replies (2) \| Respond to of 8925

Hi Michael, Nasdaq chart is looking interesting. Yesterday it just about broke above the down trend line. It is also showing a reversal pattern: (1) mini reversed head and shoulder (hard to see, but its there..) (2) cut up the 20ema daily, (3)4 days of candlestick reversal pattern... hammer, star, then outside day reversal in last 2 days. Since Nasdaq is known for its volatility and quick reversals, I would say we have seen the bottom i.e. the trend is now up. If it closes above yesterday's close yesterday, then the neckline of H&S will have been broken. Is it too early to say it is a trend reversal? siliconinvestor.com