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A few weeks ago I posted some numbers on the indexes for the Dow and the
Nasdaq. If I remember correctly I had 3000 for intermediate support of
the Nasdaq, which happened. Then I stated that I was worried because I
had further targets at about 2700 and then 2200. We are now approaching
the 2700 level and I would, once again expect a certain degree of
support around that level. These levels first act as support and then
as resistance. Have a good week. Ira.
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