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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (2574)	4/29/2002 3:33:32 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 6346

from Friday - (btw- I'm not buying yet. I think we get lows on Weds) Chat notes 9 p.m. April 26/02 Daily Signals DOW, S&P, OEX, SOX : Class 1 Buy closing basis Nasdaq, NDX, Russell : pending Class 1 Buy, possible negation US Dollar : Class 1 Buy VIX : Class 1 Sell (inverse to market) The Nasdaq, Ndx and Russell gave the first hint of a negation, since Friday broke Wednesday and Thursday’s lows and closed at the lows. These may just be delayed signals since there are Class 1 Buys on the DOW, S&P and OEX. A confirmed negation would be if the Nasdaq, NDX closed negative of about 15 to 20 points, and also must close at the lows on Monday. Donald mentioned that the US Dollar has an imperfect 3 black crows. Bounce on Naz and Ndx should be limited to the top of the 3 black crows if it even gets that far. Many of the indices closed with marubozus, when there is a marubozu with a class buy signal, there is usually a bounce the following day. Donald opened a very small position in the UOPIX and bought some QQQ calls on Friday. Donald would close the calls when his technicals are in mid range, upper mid range. Not sure what he said about the UOPIX. Weekly Signals are in lower midrange class 2 Buy.