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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (36956)	5/7/2002 2:32:55 AM
From: Johnny Canuck	Respond to of 68025

Hi Jim, >>In the not too distant future as digital sensory data >>mates to our senses better and better.. reality itself >>will appear noisy. I'd guess we'll have windshields on >>our cars that reinterpret the view to provide a "better" >>image. Given that the age of my eyes are starting to catch up with me I could sure use that. That infamous age forty is coming up fast and will be the in rear view mirror this year. It's your fiftieth this year isn't it? Bifocals! Where are my bifocals!! <g> Isn't the mind next or has that already gone. CSCO filling the gap from the gap up from the Sept low in October. A higher low would sure help to stablize the market. Interesting the OBV has not broken down significantly despite the sell off. 139.142.147.218 MSFT test the September low on accelerating downside volume according to the OBV. 139.142.147.218 ORCL broke the Sept low a while ago and is setting a lower low on accelerating volume. 139.142.147.218 AMAT broke the 200 EMA today. The up trend is now official broken. Interesting the OBV indicates limited selling. 139.142.147.218 Two the 4 components that form the biggests weighing the COMPX and NDX are severely broken. It is hard to see a scenario where we get a sustained recover without them. Given that July and August are slow months in Europe, I don't expect much of an upside catalyst for a few months. Time to go to the beach if one can not trade the intra-day swings with a bias to the downside.