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Post# of 704041
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ajtj99

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ajtj99

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Re: was Steve post# 71018

Sunday, 02/02/2003 7:21:01 PM

Sunday, February 02, 2003 7:21:01 PM

Post# of 704041
Steve, it's pretty simple. If the SPX breaks above 855 tomorrow, it's pretty clear sailing up until the 13-EMA on the daily at around 870 or so.

The steep downtrend off the Jan highs is nearly broken. All we need is a little bit of a boost in the AM and we should break it. That's your two days of up.

http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]daclyyay[db][pb20!b50!b200!c13!c20!c50!i!d20...

The charts you posted did show the SPX hitting the lower BB's on the charts. We have not had hits on the COMP and NDX yet. Maybe we won't get them until later.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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