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<DIV><FONT color=#000000 face=Arial size=2>And, the PCratio series has two out
of three trending into bullish territory. They still need to finish their
trend and reverse, could be any day.</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>BobR</FONT></DIV>
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<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Ronald McEwan <<A
href="mailto:rmac@xxxxxxxx";>rmac@xxxxxxxx</A>><BR><B>To: </B><A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx</A>
<<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx</A>><BR><B>Date:
</B>Monday, July 24, 2000 5:02 PM<BR><B>Subject: </B>[RT] Gen: Market
Outlook<BR><BR></DIV></FONT>
<DIV>Attached is a gif of the "NorPrOV" (Normal Probability Plot
of Oex /Vix Price Change Residuals). As indicated by the large yellow
dot in the lower left quadrant, this indicator has just entered
the "Buy Zone". This indicator has only registered 5 other
readings lower then todays in the last 50 days. All of which were good
indications of short term reversals of the OEX to the Up side. </DIV>
<DIV> </DIV>
<DIV>disclaimer stuff:</DIV>
<DIV>this indicator is proprietary (so don't ask)</DIV>
<DIV>this is not a trading recommendation</DIV>
<DIV>this is for informational purposes only</DIV>
<DIV>it only represents one of an infinite number of market outlooks.</DIV>
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