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My indicators (not proprietary - Stochastics, MACD, momentum, ADX) were at
an extreme oversold level yesterday. Selling dried up by midday on Monday,
so the big question is :
Is today's action the start of an IT rally into an August top or just a ST
bounce from oversold conditions? I sat summer rally to DOW 12,600 NASDAQ
3000, SPX 1500
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