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Early portion of declines are generally slower than the later. Still
looks like more downside and my NASDAQ model will go on a sell today
assuming poor breadth into close. Not necessarily a prolonged decline
but probably minimum 3470 on ND. Looks to me like the ND needs to
correct the entire rally from October in order to build a base strong
enough to support any further advances - the most recent rally was the
second attempt to rally from the early January lows and neither of the
rallies managed to attain the minimum impulse projection.
Earl
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, February 15, 2000 9:25 AM
Subject: [RT] sp500 /nd
> do not like my short
>
> (not going down at the rate i expected
> Bailing out here@xxxxx
> ND -95
>
> also
>
> Bullish div on macd??
>
>
>
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