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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (19883)	7/2/2002 8:36:33 AM
From: augieboo	Respond to of 26752

Susan, you're more than welcome. After all, I've been grubbing your charts for a while now. <g> BTW, speaking of the re-test question, here, hot off the cyber-presses, is Paul's latest take on today's action: I'm looking at things and since we appear to be gapping down, I'll watch support at NDX 980. If that is breached, I'll watch for support at COMP 1375-1380. If that holds, I'll buy it. The next level I'm watching is NDX 1018. If we can't get over that, I'm dumping and going short side for a ride down to the low 1300's. If we get over 1018 NDX, I'll hold and dump after the 60-minute tops out, after seeing how NDX 1027 and 1042 are handled. If the NDX breaches 980 and the COMP low holds, the divergence may mean the bounce is short lived and we're going down, probably after a failure to take out NDX 1018. That's just what I'm looking for right now. Message 17682686