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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (13342)	11/17/2002 11:21:21 AM
From: ajtj99	Read Replies (2) \| Respond to of 57110

I think a fairly reasonable short may be from NDX 1072-1075 to NDX 1022-1027. The low would be a 50% re-trace of the run from this week's low of 972 if the upper levels 1072-1075 are hit. The 1022-1027 area is also the gap from this week. After that, I would get out of the way, as they can engineer another short covering rally pretty easily on this low volume. Short when the weekly turns down, as it has been quite accurate in marking the tops of these rallies.