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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (43333)	5/21/2001 10:15:41 PM
From: ajtj99	Read Replies (1) \| Respond to of 56535

Max, after checking charts, it seems 51 was weak resistance on the QQQ, but I have to say that I was figuring the NDX would move in concert with the COMPX. With the big move up today by the big boys, I'd expect some distribution amongst the smaller and mid-caps to follow, thus taking the wind out of the sails of the larger caps a bit. Most of the big caps had big moves today, with the exception of EMC,MSFT, INTC, and WCOM. I think that EMC's slow movement had to do with the downgrade from Wit today. The poor retail sector results held back my VVTV today a bit also. EMC's chart looks like it will break up or down (I'm guessing break up). Bollinger bands squeezing tight. bigcharts.com VVTV's chart looks like a good breakout is on the horizon: bigcharts.com IWOV has the run to 27 well in progress: bigcharts.com