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

To: Arik T.G. who wrote (2990)	12/28/1998 3:39:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Yep, the Oscillator found stiff resistance at zero and reversed pretty good today. Sold my NUTZ today, now short some NUTZ -g- IBM parabolic since the 14th, i believe it's all topped out. Look at the SCH chart - WHAMMO. bb

To: Arik T.G. who wrote (2990)	12/28/1998 3:45:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

Arik, Just got back from doing some errands, and noticed that the market is slightly dipping, but Debra noted that the DOT.X pulled back. I just checked and the DOT.X got as high as 457 and the last quote I got was 437 - a intraday drop of 20 points. It does appear that the internuts could be at a short-term top. Wonder if this could be a double top in the DOT.X implying a mid/longer term top. So far my CLASS SELL has not been negated even though the NAZ was up over 25 but now only up about 6. Arik, just dont see a strong selloff right now as we saw earlier this month, when the DOW pulled back about 700 points.