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Gizmo

03/07/04 6:37 PM

#7827 RE: was Steve #7825

If the SPX breaks out next week, IMO the nasdaq will follow it higher. Thus my concern about remaining 2X short over the weekend. I don't have much clarity on the market here but will say the Nasdaq chart looks lower. A boatload of money is flowing into SPX index funds and the longer it takes the techs to correct the less likely a deeper correction becomes.

Gizmo