MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: GREENLAW4-7 who wrote (71683)	3/10/2001 5:06:41 PM
From: iod_sherwood	Read Replies (1) of 99985

I think the goal of the market is to make it even harder to trade... look at the inability for JDSU to muster a bounce. I would contend to you that EMLX QLGC BRCD MCDT will not grow as fast as the PEG's would indicate right now, even if the IT spending issue picks up later in the year. The goal of this market is to drip off all the excess in tech and make them trade CPQ or DELL say... been preaching this all along... swing traders market, throw in the whiplash and rumours and it will headfake you like made if you have no conviction. in the cards... a COMPX range of 1700 to 2200 for the remainder of the year... cheers

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