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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (22843)	8/12/1999 6:32:00 PM
From: bobby beara	Read Replies (3) of 99985

GZ, i think the poster is sour grapes wrong and the recent correction in the market has less to do with Greenspan and more to do with liquidity in both stocks and bonds. The bulls spent all their money in a yippe yahoo billy gates hero worship bonanza (as indicated by extreme put/call ratios) and as you posted recently the market is a two way street, it seems the poster only believes in a one way highway -g-. The bulls were putting Greenspan on the cover of a magazine, now they don't like him -ggg- Even if Greenspan is trying to break the speed a little, of the hot money running into the market, i hope you'll agree, a parabolic moonshot to 12-13,000 off the june lows would have been the worse case scenario for the market to get into. bb

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