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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (6950)	1/21/2003 7:16:08 AM
From: robert b furman	Respond to of 208032

GZ, All three charts: NAZ DOW S&P Are sporting: -DI crossovers of +DI Macd rolling over Stochastics although low often bounce and burn up some time flat lining. With these indexes hitting some upward resistance for 1-2 days they could well play out a dip that would stay subdued through out the the prestaging of Iraq (45-60 more days) AND the confessional pre-warnings period thru April 10th. It makes sense for some doubt to come in here and take some time for Q2 data to bring a clearer picture of the economy getting additional traction. The long lags of cheap money, lots of it, and a government spending at war levels, will all build strength through out the economy. Last but not least - by then the bush tax proposals will be better defined and provide a plus - especially if withholdings are reduced to the rich (those that actually pay taxes) - finally. JMHO Bob