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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.04-0.1%Dec 9 4:00 PM EST

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To: ken-l who wrote (67913)1/29/2001 9:52:08 PM
From: bobby beara  Read Replies (1) of 99985
 
the sentiment picture in the computer area (and dot bomb) is coming of a giant doom and gloom headlines stuff, i turned bullish in late december in early jan based on this, and started turning cautious/bearish about 10 days ago on the techs, but support has held on ndx and i am seeing some signs that the bond market has topped out and that is usually bullish for techs.

around the turn of the year i said bonds and buffet were out techs and dot bombs were in, i think i should have stuck with dat -g-

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