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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: Dragon 1 who wrote (19295)	7/3/1999 5:33:00 AM
From: bobby beara	Read Replies (2) of 99985

>>>Up till now, all major indices have broken out to new highs, leaving the nuts in lagging streams comparatively<< Dragon, this doesn't bother you that the former leadership is now laggardship? or the fact that AOL should rocket out of it's inverted H&S on the news it's giving away computers to sign up customers? >>>>>If history serves any guide, today's action in IIX and DOT is a prelude to the nuts revisiting their old highs.<<<< You need to read up on your nutz history, Yahoo and amazon have been the leaders to new highs out of every major correction over that last two years. Ebay and CMGI took up that mantle out of the Feb correction. Now that streak has ended. bb

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