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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: gc who wrote (72882)	3/20/2001 4:05:52 PM
From: TRINDY	Read Replies (1) of 99985

What guru service was it that said that 9751 was such a crucial number on the DOW? Well, we got that today, and not just intraday. My one large fear has been that the overvalued status of the DOW and S&P's would be "found out" by Mr. Market. We will see just how crucial that 9751 number is. I cannot believe that AG failed to give the market what it was begging for. The .75 was justified this time, and it is in parallel with what he has been doing on the liquidity front. The failure of the markets today is ominous, IMHO. Cheers!

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