MDA - Market Direction Analysis Message Board

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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: Benkea who wrote (45548)	4/10/2000 6:29:00 PM
From: Joan Osland Graffius	Read Replies (1) of 99985

Benkea, It looks like the NASD Board is starting to admit they are in trouble. 3 months ago the were hyping that they were the market of the future and it would go to the moon, then last week the President said it was a bubble and now it looks to me like they are in panic. They are admitting the exchange is unprotected because of a potential liquidity problem. Looks like exhaustion in junk to me, and the NASD could get a reputation that would kill their business for years. Joan

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