MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: AllansAlias who wrote (47858)	4/24/2000 11:32:00 AM
From: HairBall	Read Replies (1) of 99985

Allan Haggett: Today's gap down was expected after the conference call last week. Using an event to do what was already in the pipe line is not unusual. Some stock prices were to be taken down... The key is to watch for signs that bottoming accumulation is a foot...that will signal at least a short-term bottom. I am not talking about the usual accumulation/distribution that goes on in regular market making activities. Regards, LG

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