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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: bobby beara who wrote (18202)	6/22/1999 9:28:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 99985

BB, IMHO the only reason the market went into rally mood was to due to sentiment. There was no fundamental change which would justify a powerful leg up except that money mangers want a summer rally. In any case take it one day at a time. The debt market will be flooded with around $14 billion in debt of which only 2 billion is government the rest GM, F and other placing J6P debt pile in the market. It will be helpful to go back to July 1996, wen there were similar interest rates jitters and compare, and then overlay 1987 for longer term but adjust fo the August 11, solar eclipse. Why ? Nostradamus said so <GGG> www-physique.u-strasbg.fr newscientist.com nice picture members.aol.com BWDIK Haim

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