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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Carl R. who wrote (1646)	12/14/1998 1:44:00 AM
From: Lee Lichterman III	Read Replies (2) of 99985

I may be sticking my foot in my mouth again but did you really think the problems were better enough to justify this run up in price or were you merely trading the chart and taking advantage of the run. You were smart to be on the right side of the run but I still don't believe MU is worth 48 when I know companies that earn money now, have brighter growth prospects and don't have foreign competition about to undersell them that are selling for much less. I may be all wet but I just can't see the justification for this recent rally. I guess we'll know 1 year from now. Sorry if I offended. Thanks to the other poster for the Bloomberg TV idea although where I am stationed I don't get that either. EDIT (ran out of time on my other one and didn't want to take up another post) Overseas quotes working now, they were dead even after dumping temp net files refreshing etc but are working now. WOW, 14K on Japan at risk. Guess they will have to start using those retirement reserves to prop it up again like a few months ago. Deja Vue? It seems like we have been here before doesn't it? Good Luck, Lee

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