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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.48

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Nov 5 4:00 PM EST

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To: KeepItSimple who wrote (43593)	3/19/2000 11:13:00 PM
From: Bridge Player	Read Replies (1) of 99985

<< THIS IS THE ONLY EXPLANATION FOR THE LARGEST POINT GAIN IN HISTORY LAST WEEK IN THE DOW. THE BIG MONEY FOLKS ALREADY KNOW WHAT IS GOING TO HAPPEN! >> Funny and ironic that someone who's handle is KeepItSimple has to come up with a conspiracy theory for a blue chip rally..<g> IMO the disparity between valuations of so-called "old economy" companies and the momo tech stocks just got so severe that more than a few funds and individuals simply decided it was time to rebalance portfolios. Also IMO there is less than a 1% chance that margin rates get raised this week. You think Greenspan wants that blood on his hands? Even if he was remotely thinking about it you would start to see hints in his speeches so that he could get the market prepared in advance, and thus do some of his work for him. BP

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