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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (14007)8/2/2002 10:56:31 AM
From: Killswitch  Read Replies (1) | Respond to of 19219
 
This is getting interesting. SPX just fell out of a consolidation, hopefully the DJIA can get to 8300 and bounce along with a Naz bounce somewhere in the 1240-50 area. My plan remains to cover there and go 50% long, although I can see that if these levels don't hold I will be in for some pain. QLGC for instance would then likely trigger a large H&S pattern measuring down to perhaps below 30. Very important day here.


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