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<DIV><FONT size=2>Far from nebulous aphorisms, technically speaking for
the</FONT></DIV>
<DIV><FONT size=2>near future, in Nasdaq 100 group the <EM>Trending or
Trading</EM></FONT></DIV>
<DIV><FONT size=2>indicator has reached at 99%, (the only exception is
WCOM</FONT></DIV>
<DIV><FONT size=2>with its premature rally) and stays there the last 3
days.</FONT></DIV>
<DIV><FONT size=2>Past history indicates that the indicator will not remain at
this</FONT></DIV>
<DIV><FONT size=2>extreme value. A congestion is ready to begin.</FONT></DIV>
<DIV><FONT size=2>In <EM>Market Direction </EM>graph, congestive phase (yellow
line) is </FONT></DIV>
<DIV><FONT size=2>increasing the last 3 days. Bears (red line) are still
sleeping.</FONT></DIV>
<DIV><FONT size=2>Dimitris Tsokakis</FONT></DIV>
<DIV><FONT size=2> </FONT></DIV></BODY></HTML>
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