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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

Nov 13 4:00 PM EST

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To: t2 who wrote (79189)	6/23/2001 2:25:24 PM
From: American Spirit	Read Replies (2) of 99985

Fed cut coming this week. Expect massive short covering? Last time the market tricked us and rallied after the cut. What will it do this time? Probably trick us again. Maybe rally before? I'm holding long into it. Intresting too which stocks rose yesterday despite the overall market being down. The beaten-down tech dogs which are now priced for large percentage movements. A story like PALM for instance really isn't as bad as it's been made out to be once they get past this year. Also yes expect those takeover rumors again.

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