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To: chic_hearne who wrote (50072)3/15/2001 2:52:36 PM
From: Monty Lenard  Respond to of 77398
 
Chic, still too early to tell for me but those channels sure act like magnets so I say it is entirely possible. I just take it a stage at a time because it will not happen fast. If this had been fast as in the past we would have probably held some higher trend lines.

That is what will make this one gruesome.

Monty



To: chic_hearne who wrote (50072)3/17/2001 8:02:16 AM
From: Monty Lenard  Respond to of 77398
 
Chic, more on this.

Sitting here this morning thinking about about your 1140 number on the naz and doing some analysis.

1875(extreme low side of this support at 1715) is a pivot price for the naz with strong resistance at 2187. If 1875 fails I suspect the next stop is 1550 area. From there I see the possibility of 1250ish. Many little pockets of support on the way down that may cause a long slow grind. Right now I cannot see any further into the future.

Now if you want EXACT numbers you might want to try this:

Message 15501645

Monty