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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

4:00 PM EST

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To: Jerry Olson who wrote (49123)	5/3/2000 7:39:00 AM
From: el paradisio	Read Replies (1) of 99985

Jerry,we are about to consolidate in that ranges on NASDAQ for now,until the next decision will be taken. AT&T is an isolated case,but reaction is in overall market. If you look on the weekly WCOM chart, from my previous post, WCOM top at 66 corresponds to NASDAQ 5030 and WCOM 37 3/4 corresponds to NASDAQ 2870. This should be the bottom when NASDAQ will start south. It can happen in one month but not now. Regards el paradisio

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