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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

4:00 PM EST

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To: KevinMark who wrote (68162)	2/1/2001 1:19:53 AM
From: $Mogul	Read Replies (3) of 99985

"True, but like I said before, the dip WILL be bought. Don't expect much of fall, because it's not going to happen, maybe another 100 points or so, but that will be the extent of it, before a huge run. Investors should aggressively buy any and all dips including the one today and tomorrow. They should continue aggressively (100% margin) buying all the way up to 3500, before even considering to take money off the table. 3000 will be merely a bump in the road by late next week. >>we are only going higher after a brief 1 1/2 day sell-off><<< Message 15274210 KM" Normally i would not even respond to such a statement.. but Kevin.. you do realize that the NASDAQ has a current avg. PE of 100 and that the NASDAQ is up 26% YTD. NAS will be lucky if it even does +15% this year. Best of Luck And 100% margin is not advised, to anyone....ever. Traders do not care direction Kevin... Bull, Bear... should not matter to the Pro's... the name of the game is %return, your letting your emotions take over... $Mogul

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