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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (87792)	6/28/2002 7:11:17 AM
From: Robin Plunder	Read Replies (1) \| Respond to of 99280

Justa, it looks like the large slanted head and shoulders on the dollar index chart measures to about 105. Do you think it will hold there and perhaps have a pull back rally, or keep going down without a pause? Robin

To: Justa Werkenstiff who wrote (87792)	6/28/2002 7:16:51 AM
From: Crimson Ghost	Respond to of 99280

The failure of the dollar to rally with stocks makes me very suspicious of this bounce. Playing the long side, but only in a small way.

To: Justa Werkenstiff who wrote (87792)	6/28/2002 7:30:10 AM
From: Robin Plunder	Read Replies (1) \| Respond to of 99280

Justa, do you attach any significance to the fact that nyse volume seems to be rising relative to nasdaq volume over the last month or so? yesterday we had 1.85 billion shares on the nyse and 1.95 billion on the nasdaq. In September we had this type of shift, and some said it was an indication of a bottom. Now we have it, and the market continues to slide down at an accelerating pace. Is this distribution accelerating in the nyse relative to tech stocks? Robin