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Here's the NASD comp with my a/d volume oscillator showing current
bearish divergence.
I'll play this morning's announcement whichever way it goes, but the
equity index, bond, and fed funds spread charts are suggesting bearish
for bonds and stocks.
Earl
----- Original Message -----
From: "Ira Tunik" <ist@xxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, July 06, 2000 9:52 PM
Subject: [RT] @cco
> The longer term chart of the NASD, @cco, is at a cross roads. My
> numbers show that if it hits 3570 on the downside there is a high
> probability of it going to 3100. If 3570 can't be reached then we
could
> be looking at a double top at 5000. This is not for intra day traders
> as you can see. Right now the 4000 number I put out earlier is still
> holding as resistance. Have a good week end. Ira.
>
>
>
>
Attachment Converted: "f:\eudora\attach\COMP2.gif"
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