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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

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To: Haim R. Branisteanu who wrote (55063)	6/22/2000 9:42:00 PM
From: Secret_Agent_Man	Read Replies (1) of 99985

Haim, now I'm worried. the rally will come with or without a rate hike. I'm just not used to reading this from you<g> as for George, the cutting off one's nose to spite their faces of the bulls and this ramp pre-FOMC excepting today was a bit enthusiastic needless to say although not irrational. The Dow is still lagging and we've gone what amounts to sideways for a year on the dow or so it seems. securitytrader.com What I find interesting is how Oil, the Dollar and the FED are going to balance themselves out with the end of the qtr ramp inflows and the supposed money on the sidelines which is supposedly waiting on the fed to make a decision. as far as tomorrow is concerned, I don't have the #'s to look at for # of years this type of scenario has had an effect? Looking at RMBS and MU with some help form of all things QCOM and perhaps even JDSU to lead Bulls out of the quandry/skepticism after a day like today particularily the profit taking that hit biotech and of course on monday in that regard, the supposed announcement of the Human Genome. Also wondering what about Monday, the day before...usually quiet ahead of the fed, but dangburnit, it just get's harder to figure out @ times. cheers LG, would you chime in please?

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