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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.69+0.2%Dec 5 4:00 PM EST

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To: s berg who wrote (78768)6/17/2001 4:53:07 AM
From: Joseph Pareti   of 99985
 
Re it is a good time to think about how to use TA to tell if the bear is dead.

For an investor the real questions is how fast MY stocks will recover. IMO it's of little value knowing whether the bear is dead; how about being more selective instead, e.g. :

(hint log scales are more useful here than linear ones :-)

M$FT : 1/2 of peak
INTC : 40% of peak
Lucent Technologies : 1/12 of peak
some godzilla.com : 1/100 to 1/1000 of peak

Bottom line: despite the enormous manipulations by the money managers and ANALysts things are falling in place based on their business value.
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