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positiontrader

03/04/03 9:41 PM

#82922 RE: smaglito #82876

Thanks again,

I agree.I am currently in money markets waiting for direction in the market.If we have another down day on NDX I will have to put my "thru the 200d MA "theory on hold.It looks like we may head down further before we go up.I don't feel comfortable shorting and get caught in a short covering rally.

Regards

Marc