MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: Tunica Albuginea who wrote (53415)	6/8/2000 4:52:00 PM
From: American Spirit	Read Replies (4) of 99985

Cash is not king of the PPI numbers are as expected tomorrow. Plus we know Greenspan cannot raise rates after this next month due to elections. We'll see about these numbers which are really just an excuse for the market to rally (or tank some). But oil prices have started down, there is plenty of upside to this market and there are still plenty of buyers out there. Even today I didn't get my low limits filled. I got scared early and profit-took on QCOM to clear cash (probably a mistake). End of day I tried to buy a bunch of them but only got UIS at 26. Still a good buy. Was trying to catch AAPL, CPQ, NOVL and LOR at even better prices. No dice. We'll see what happens tomorrow but I'm sticking with my Naz 4350 prediction this month. May be a few bumps on the way though which means active trading. Maybe we should buy OLB stocks as a hedge. gg

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