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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (2015)	6/16/1998 12:28:00 PM
From: Burlitis	Respond to of 13094

LOL, David, actually ROSS was up 5% yesterday.There's some interesting speculation on the ROSS board as to why they are signing so many European companys. The recent issue of fortune has an article on SAP being listed on the NAZ,or NYSE.,can't remeber which one though. The article suggests that companys like Peoplesoft,etc might do well in the coming months. No mention of ROSS, but they are in a similar industry. Alex

To: Magnatizer who wrote (2015)	6/16/1998 12:45:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 13094

Thread Supports and resistance for the S&P 500 Overhead magnets 1127.7, 1168.48 Magnets below ... 932.22 Neutral zone 1029.9 I have also divided the areas between the neutral zone and the magnets into 1/4s yeilding values of 956.65, 981.09, 1005.5, 1054.4, 1078.8, 1103.2. I think they will all provide support on a downturn of the market. I expect the 1029.9 neutral zone to provide quality support and a rally off of that level toward the 1127.7 and possibly 1168.48 magnets to occur within the next 6-8 weeks. Right now is not a good time to initiate new longs, IMO. I will be waiting for a bounce off of one of the supports to hold before initiating longs. ht david