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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (11858)	7/12/1998 10:48:00 PM
From: Judy	Read Replies (2) \| Respond to of 42787

The market has been on a cummulative "buy" for the past 21 days or so and is due for a short-term retrace down. I would expect tomorrow to be a nonevent with some downward bias. But I still think earnings jitters and options hedge positions will drive the direction of stocks this week, so I would buy based on technicals for a trade. Liquidity will buoy the market up after correction and I have no idea how long any correction would last. Market continues to make a rounding top.