MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: Casaubon who wrote (33712)	11/18/1999 10:25:00 PM
From: American Spirit	Read Replies (1) of 99985

Everytime I sell into this rally it's a mistake. Now I'm holding for awhile and buying more on dips. But looking for value. High growth low PE stocks. UIS was my favorite. Now it's halfway to my target. Just made $10,000 on it today. My next biggie will be ANF and URBN. Nice and steady in IBM, LOR, CPQ. IMRS could be a break-out, so could CMGI or APLX. VOD too if everything falls right. I told you guys forget about pessimism for awhile. There's nothing to derail this market for awhile. We're only back to 11,000. We should see 12,000 by spring. Adn lots of sector rotation. Certain stocks which haven't participated much will soon catch up. Look for stocks still way below their 52 weeks highs. That's a key. Or stocks sold off on BS news/mistakes. Like TYC recently, UIS or ANF. If you want to sleep nights just buy cheap steady companies like IBM or MSFT. Almost everything will rise more from here at least for a little while longer. All the dogs are finally having their day. Don't miss out on it.

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