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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.31

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Dec 26 4:00 PM EST

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To: Haim R. Branisteanu who wrote (43438)	3/17/2000 9:39:00 AM
From: Tunica Albuginea	Read Replies (1) of 99985

Haim:The morning after: Al and Andrea sitting in the kitchen. It's the weekend and Al has his red cap on and red flannel checkeredÿ shirt on ready to go fishing in the Catskills. Al: So Andrea what do you think? Andrea: About what Al? Al: About the fact that the Naz is not taking me seriously when I talk. Andrea: Oh that. Well Al that's because you talk too muchÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ and beat around the bush. Al:What do you mean Andrea? I very carefully lay my speeches out ÿÿÿÿÿÿÿ to Congress and anybody that will listen. Been doin' it for years. Andrea: Yeah I know. Point is that you are too long winded. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ By the time you come to the punch line everybody isÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ asleep. The Day Traders went to the fridge for a beer. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ and CNBC 's got a commercial on. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Al you got to lay down on the line. What's this aboutÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ irrational exuberance? Why didn't you call it what it was? ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Gambling Al. You always tellÿ me these folks are gambling. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ It doesn't help telling me . You got to tell Congress and American people. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Call it what you call it here : a Floating Casino, Bubble, whatever. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Loud and clear. And that you won't allow bubbles to float. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ And while you are at it maybe you should stop printing and passing ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ out money coupons and gambling chips . Go fishing for a while andÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ see what happens. Al: Why Andrea you surprise me. You've never been so vocal before. Andrea: Well Al I am getting tired of your grumblings at home. Do something about it. Al: Allright Andrea. Watch me. ( pounds fist on the kitchen table; grabs fishing ÿÿÿÿÿÿÿ tackle and he is out the door ). -------------- TA ----------------------------------------------------------------------------------------- Message 13223368 I can picture rightÿ now Alan, sitting in the kitchen with Andrea. ÿÿÿÿ Al: " You know Andrea that I tried right? I even mentionedÿ " irrational exuberance " a few times. ÿÿÿÿÿÿÿÿÿÿÿÿ I painted everything that can go wrong but they don't get it Andrea " ÿÿÿÿ Andrea: " well I know Al ( calls him Al ) and I do know that you worry about all this " . ÿÿÿÿ Al: " But they don't seem to get it Andrea. I am now afraid to even hint at raising ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ rates because everytime Iÿ raise them the market goes even higher. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Maybe I should just shut up. Maybe that will work better ". ÿÿÿÿ Andrea: " Oh no Al don't say that; That's your job. You got to do something toÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ keep this country afloat; you know you are in charge ".( gives him ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ an inviting smile ). ÿÿÿÿ Al: " Yes I know Andrea but I don't think anybody believes me anymore. ÿÿÿÿÿÿÿÿÿÿÿÿ I have had it and I don't care anymore. I am just going to do my job now. ÿÿÿÿÿÿÿÿÿÿÿÿ I'll just keep raising those darn rates until this Floating Casino ÿÿÿÿÿÿÿÿÿÿÿÿ ( that's Al's and Andrea's home nickname for the Naz ) hits ÿÿÿÿÿÿÿÿÿÿÿÿ the coral reef and then they'll see whether I mean business or not!!! " ÿÿÿÿÿÿÿÿÿÿÿÿ ( pounds fist on kitchen table ). ÿÿÿÿ Andrea: " Oh come on Al dear you are getting all riled up again. This isÿ ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ not good for you. Let's just go to the Bistro you and me and relax. ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ We'll have a couple of drinks and tomorrow we'll take a fresh ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ look at the problem " ÿÿÿÿ Al looks at Andrea in disbelief, shakes his head, mumbles " allright ", ÿÿÿÿ purses his lip and off they go. He's got one thing in his mind now. ÿÿÿÿ The Naz. ÿÿÿÿ " I'll get these suckers. Just wait and see " he thinks to himself as he dons ÿÿÿÿ his overused raincoat and hits the door. " And they won't like it one bit ". ÿÿÿÿ --------- ÿÿÿÿ TA ÿÿÿÿ ==================== ÿÿÿÿ Message #43366 from Haim R. Branisteanu at Mar 16 2000 4:32PM ÿÿÿÿ My read is that after expiration or even tomorrow we go down and down hard on NASDAQ. ÿÿÿÿ VIX is again at 22 level and never visited 30 plus during this cycle. ÿÿÿÿ Many think SPX is a CD with 25% returns ÿÿÿÿ Those are my 2 cents. ÿÿÿÿ BWDIK ÿÿÿÿ Haim

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