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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Daveyk who wrote (10188)	6/26/2001 10:00:02 AM
From: donald sew	Read Replies (4) \| Respond to of 52237

With the DOW down about 100 points right now, I just got a BORDERLINE CLASS 1 BUY signal on the DOW. The SPX/OEX has a CLASS 2 BUY SIGNAL. The NAZ/NDX are only in the midrange. With my short-term technicals this low, I suspect that if the FOMC news is acceptable, the market rallys some, and even if the FOMC news is not acceptable I feel the short-term downside is limited. In other words, some sort of a rally after the FOMC announcement, then selling to resume and possibly intensify. Boy, as Im typing this post the DOW jumped almost 40 points.