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Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
Details at: www.theswingmachine.com
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----- Original Message -----
From: "Jim White" <jwhite43@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 06, 2004 7:49 PM
Subject: [RT] market bottom
> The equity markets appear to be in the last day or two of a bottoming
> process. I expect to see a lower range day with perhaps lower lows
> tomorrow
> and a reversal on Thursday. The semiconductor holder, SMH, flashed a buy
> signal today and nearly all the semi stocks I cover are nearing strong buy
> signals so, is often the case, semis may lead the way up.
> Bonds are in a sell condition so funds coming out of bonds could stimulate
> the rally.
> I have no reliable way of determining the extent of a reversal but my Near
> Impulse forecaster indicates the possibility of a multi week rally.
> Positive geopolitical news could also reduce fear and help fuel a rally.
> We
> shall see.
> Jim White
> Jim White
> PivotTrader.com
> Home of the Near Impulse Forecaster
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