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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

+1.6%

4:00 PM EST

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To: t2 who wrote (81118)	8/1/2001 6:07:28 PM
From: JustTradeEm	Read Replies (1) of 99985

My fundamental reason for it was that the semiconductor sector would be a rebound primarily due to the launch of Windows XP (because this one means more hardware upgrades than Window ME) and I have noted that these guys will want to get ahead of it. So, explain ML's downgrade of DELL one day prior or their specific exclusion of INTEL and AMD in their report < you still haven't admitted to actually reading it > ? They are called "sell side analysts" for a reason ... mark them up and sell them !!! Yesterday, the SOX index had failed to break resistance, overbought sector < near term > and about to plunge below 600 once again .... voila, ML upgrades to pop it over resistance. They do have a TA department at ML .... quite the coincidence ! Will be interesting to see where the SOX is one month from today ! JB

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