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Justa Werkenstiff

05/18/04 2:04 PM

#25746 RE: Justa Werkenstiff #25696

Market: No change in my view. I think this is a countertrend bounce in a downtrend after the 5 day rsi hit below 30. I have found this reaction to be common once my top indicator triggers. This downtrend needs resolution. We are not there yet. Weekly charts are starting to look interesting as far as a bottom is concerned but there is still more work to be done imo.