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Strategies & Market Trends : Charts for Bottom Breakout -- Ignore unavailable to you. Want to Upgrade?


To: Tom Shutters who wrote (3084)11/24/2001 10:34:45 PM
From: Ed Huang  Read Replies (1) | Respond to of 3105
 
Thanks for the message Tom,

The market bounced back up quite strongly in the last
two months or so. It seems investors believe that the
bad news are already out and the low interest rate
will pave the way for economic recovery next year.
Chart wise, there could be some obstacles for S&P 500
to clear between 1150-1230 level in the near term. I
want to see how the S&P 500 handles it in the period.

Agree SBC chart may have bottomed and I'll follow
this one.

Good trading,

Ed

P.S. I am moving by the end of this month, I will
be out of the internet for some time.