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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (11478)	7/7/2001 4:30:25 PM
From: Tom Hua	Respond to of 19633

Dave, my old desktop can take maximum of 64 MB DRAM. The memory on the market now won't run on my old Aptiva. It's being used mostly by the kids. Did you notice Dow had its seventh consecutive down week? Naz has been fluctuating between 2000 and 2300 for 2 months, not enough momentum to cross 2300 with conviction, and 2000 has been a solid support. I'm hoping recent pattern in the Naz holds up this month with another bounce off 2k into 2200s by late July. Historically August (not October) is the worst month of the year. Over the last decade August was strong only twice, both times coming out of a bear market. I suspect we'll have another negative August this year ahead of the next warning season in September. Give me a rally in July and I'll be a happy camper for the next 3 months. Regards, Tom