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

To: Connor26 who wrote (21632)	7/31/2002 12:04:53 PM
From: Susan G	Read Replies (1) \| Respond to of 26752

Resistance to the moon on BEAS. Not going to recover until they get a blowout earnings report IMO. The DOW is up 1000 pts in a week. It's given up about 100. I think it has 200-300 more to go on this pullback, minimum. I think it may also (needs to) retest the lows. Remember the majority of the public does not know about today's economic news yet. Not until the evening news tonight and the newspapers tomorrow with potential double dip comments...anyone who just bought may start selling. But of course I reserve the right to be dead wrong <VBG>

To: Connor26 who wrote (21632)	7/31/2002 12:10:28 PM
From: Susan G	Respond to of 26752

There's some pre-lunch selling (large orders) going on in the futures at this overhead resistance. Usually is a hint for later, when it happens right before lunch. But this could explode on short covering any time also, feels like everyne is short again. QLGC is falling out of bed here, and that's been the strongest tech for ages. SOX falling fast too.