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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (2204)	8/20/1998 12:27:00 PM
From: The Jedi	Read Replies (1) \| Respond to of 44573

This should be the last long for the day. I think that SOX is the weakest. It was running up on the expectation that things have improved. But now the news is out and so it is going down. SOX is leading. OEX mirrors SPX. Banks are telling we are going down, so SPX should turn down next week. CCI filled the gap this morning and reversed. NDX is strong because of DELL and CSCO effect and is lagging, will be the last to fall. DJ and SPX should tie, but in a sell off DJ should move down fast. Maybe I am wrong. Kiri EDIT: Have you noticed that the ticks are longer and faster in the direction of the market, and smaller and slower against it.