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

To: Rich1 who wrote (11786)	11/20/2003 9:10:29 AM
From: rogermci®	Read Replies (1) \| Respond to of 206879

Here's a good reason why: 8:14AM Barron's Online suggests the markets have a few weeks of selling ahead : Barron's Online suggests market indexes rising wedge patterns, where the market coils tighter and tighter, but with a rising slope, have been broken to the down side. According to the article, theoretically this suggests the markets have a few weeks of selling ahead. Barron's notes technical triggers and events in the financial, commodity and currency markets should make the rest of the year a "rocky road" for investors. The catalysts behind the big change are attributed to global events such as terrorism and a little fear creeping into the markets. Rising wedges means they're hitting lob wedges instead of gap or sand wedges. This is also as good a reason as any to start a rally here.