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To: Les H who wrote (266)6/5/2001 11:30:48 AM
From: Les H  Read Replies (1) | Respond to of 29597
 
Nasdaq 100

markets.tradingtech.com



To: Les H who wrote (266)6/5/2001 1:37:07 PM
From: ajtj99  Respond to of 29597
 
I think today should be the peak on the COMPX and SPX, Les.
I believe you adjusted those cycles for the April 4 low.

We almost blew right past the re-trace and negated the move down, but I think we'll close right at the point of no return. The key is the SOXX, which needs to be under 640.

If the SOXX is under 640, I believe that is a better indicator of the general market direction than a COMPX slightly over 2000, since the SOXX is a leading market direction indicator.


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