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Strategies & Market Trends : MDA - Market Direction Analysis

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Jan 12 4:00 PM EST

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To: HairBall who started this subject	1/12/2001 10:07:42 PM
From: gfs_1999	Read Replies (3) of 99985

O'Neil's book about penny stocks up up up! This week my portfolio of penny stocks did very well but: It is a good or a bad signal? From O'Neil books when small caps start to grow fast a top is near. O'Neil says that one of the signals of a bear market is : Leaders falling and especulative stocks up up up! But at the same time O'Neil's book say something about Glamour Index: (agressive and especulative stocks) When this index start to grow a favorable condition will be ahead. IMO we are in Bear Market but right now at Glamour Index phase. Someone here follow O'Neil so that could confirm my opinion? Regards GFS

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