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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.27

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Dec 26 4:00 PM EST

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To: Tom Pulley who wrote (83248)	6/27/2002 7:41:16 AM
From: tcd	Read Replies (1) of 99985

Anyone listen to the Kudlow/Cramer report last night? They talked about fund managers reprogramming the buy programs on computers. They said that yesterday, because of the 2B shares traded, it was due to the computer buying. BUT now that they have factored in the WCOM debacle - which has exposure to at least 85 companies, they think this is going to be CAPITULATION day. Anybody have an opinion?

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