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Strategies & Market Trends : MDA - Market Direction Analysis

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Jan 5 4:00 PM EST

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To: Lee Lichterman III who wrote (34331)	11/28/1999 1:57:00 AM
From: dclapp	Read Replies (1) of 99985

L3, Good post; thanks. I don't agree that it'll run into January. I think this December will be a month of increasing uncertainty, coming into y2k. I expect the bond to tick up, oil to rise more, worries to mount, and the market to go down. I expect a waterfall decline in December, in all the indexes. I'd guess it would begin with the simple prudence of people (institutions?) taking "money off the table" or massive profit-taking (about due, don't you think?) and escalating into a rush for the exits. Anyone with any sense at all knows that this will "end badly." I hope that those with great gains so far have the sense to "take the money." regards, doug

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