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>Apparently the market thinks Greenspan will weasel around and innuendo
>a rate cut in the near future when he speaks to Congress today. My
>experience is that the market usually goes down when he opens his
>mouth. I think today will be no exception. All of the major Indices
>are at or near heavy overhead resistance. It seems the odds favor a
>bounce off and another leg down (# 5?). Any comments?
Hi Bill: Would like to think so, but the S&P and OTC have broken their
down trendline intraday, so this might be for real. jerry
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