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

To: Paul Shread who wrote (12313)	7/20/2001 1:58:40 PM
From: Captain Jack	Respond to of 52237

Paul-- agreed, most NON-techs are doing well.,,. listening to cnbc it seems most are holding techs from long ago,, and still have hope they will recover,,,they want to hear LU will be 60 again in this lifetime & etc... and maybe some clecs will come out of bk too,, They are the ones that did not listen to their mother. Certainly their mother told them 'what goes up must come down',,, they never heard their mom say 'what comes down must go back up'... Maybe that want to start a new rule,,, will have a very long wait IMO...

To: Paul Shread who wrote (12313)	7/20/2001 2:01:20 PM
From: dawgfan2000	Read Replies (1) \| Respond to of 52237

>>Not sure how much the 200 DMA matters anymore. Leaders like GE are under their 200 DMAs<< Paul, I am discounting NAZ new hi's/low's for the same reason, or with a grain of salt at least until there is a 52 week washout next April. When a dot-bomb hits a new low that is now 92% instead of 91% of its old high, so what. It will be the same to the upside when it's old high was $5 and it hits $6 -gg-. Perhaps Claud can give us some historical perspective in history when an index loses over 60% of its value and how the hi/lows are factored in. Granted, it is only one indicator of many. cheers!