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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (1307)	12/11/1998 8:44:00 AM
From: Margaret Mateer	Read Replies (1) \| Respond to of 99985

Here's a little food for thought...MER fell out of bed way before the market did and had me wondering...we all know that certain people know things before the rest of us. I know this couldn't have anything to do with AG's brother working for MER. Hmmmm...I'm back in as soon as MER turns up.

To: donald sew who wrote (1307)	12/11/1998 8:54:00 AM
From: Daflye	Read Replies (2) \| Respond to of 99985

Donald, if a Fibinocchi retracement is applicable to the NDX100, then wouldn't a pullback below 1500 be doable? Roughly 600 points up from its OCT 8th lows, leaves room for a 228 pt drop. That could take it as low as 1470ish. This area would roughly coincide with the July highs and the next real support line, or what looks like one on a chart, around mid Nov at 1470, again. Just a thought. Darin