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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (13951)	9/20/2002 6:20:00 PM
From: techanalyst1	Read Replies (2) \| Respond to of 57684

I know they look like that. So does everyone else. Not only that the individual components to the dow have massive multiyear topping patterns too. Look what happened to IBM after it broke it's multiyear support. Funds have been hiding in the dow stocks and it's so ridiculous to hear "the market closed up such and such points or down this much" when they are talking about 30 stocks! I'm just going with the flow. I think we'll probably see a base being built in individual issues as they become washed out and wait for a rebound. Meanwhile, if the indexes go lower it probably will take quite some time to finally bottom out as the big caps get taken apart. You can make lots of money in washed out stocks in an ira while they go nowhere fast. Rinse, wash, repeat. TA