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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 (3512)	9/9/1998 9:39:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 44573

Tom, >>Why is the 13dma so critical to your scenario regarding a crash occuring?? Because that will signify for me a possible change in trend of the medium term. As long as we stay below the 13 dma we're in the crash phase that began 8/25. >>Suppose the SPX stays between 1000 and 1031(13dma, I think) what would that suggest for the market outlook?? The 13 dma is expected to decline for the next 6-7 days, unless the market turns up sharply, so if we're range bound, we'll hit it sooner or later. ATG