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Zeev Hed

04/21/03 5:23 PM

#99720 RE: Ace Hanlon #99719

If you look at the triangle everyone was discussing here over the weekend, one should surmise that a failure of about 1360 or so will seal this ramp for a little while, but as long as that holds, who knows. New highs have expanded to an acceptable level, but on the other hand volume was tepid. You never get all the parameters aligned right (g). Then you get a solid stock like COO in essence breaking down for no apparent reason...something is fishy...

Zeev
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Tom K

04/21/03 9:35 PM

#99770 RE: Ace Hanlon #99719

I'm with ya George. My intermediate term models are still bullish but VIX and VXN continue to fall rapidly. When the 14,3,3 full stoch turns over confirming the 4 week momentum divergence, I feel this market is gonna fall hard.