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Re: Zeev Hed post# 319116

Friday, 11/05/2004 9:19:52 AM

Friday, November 05, 2004 9:19:52 AM

Post# of 704041
Yesterday the nyse new highs poised themselves to give a longer term buy signal at 420ish issues, it closed at net 408 issues and any holdup today will likely trigger that. A correction then to test the mid-point of the breakout might be in order. But the dip should be bought.

http://stockcharts.com/webcgi/Pnf.asp?S=$nyhl&Y=U&B=70&N=A&C=2

Until the summations slow down any dips or craps should be bought.


edit oops almost forgot, dow 10,360 should provide some rough seas for the dow, if it blows thru there then 10,500 is the breakout.

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