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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: Giordano Bruno who wrote (75673)	4/22/2001 6:19:29 PM
From: American Spirit	Read Replies (1) of 99985

You're assuming this is a bear market rally and that the most climactic sell-off in memory isn't over now. As I expect most techs to double (some already have and may get 300-400%) from their lows by 4th quarter that hardly qualifies this as a bear market anymore. Hard to fight the Fed now that they're being so aggressive. Rates could get down to 3%.

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