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In a message dated 2/3/00 8:48:12 PM Eastern Standard Time, eadamy@xxxxxxxxxx
writes:
<< I am carrying long SP but looking for only a couple of more days. Both
NYSE and NASDAQ breadth models are on a buy, however the pattern of the
breakdown into the sell leads me to believe this rally will not last
long - another 30-50 points. It did recover nicely though from that
emergency fed meeting rumor which sparked the sell off. AGet is showing
an important time cluster on 8Feb for SP and ND and 7th for RL. Only
count which seems to work on the 60 minute is that this rally is a w.B.
Earl >>
hi
this is exactly my feeling
my intermediate is NOT on a buy (from a positive volume point of view)
and price wise buy stop is at 1475 for the last buy
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