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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: Zeev Hed who wrote (76954)	5/13/2001 9:53:34 PM
From: gfs_1999	Read Replies (1) of 99985

Zeev, your message matchs what I am looking for, a rally due Fed money (liquidity), Don Hays has been talking about it since March. Also Don Hays is talking about a little correction now . I don't think we need sentiment indicators like May 2000, IMHO we already had it on March/April. What we need now is a pull back in Dow Jones (10200-10400) before reach new high (12.000-12400). The real problems will be left for next year or late this year. Hays is bearish for next year, he thing that Alan G is losing control but he is bullish since March 22 and he is waiting this rally to last 4-6 months . Best Regards, GFS

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