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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.88

-0.3%

Jan 30 4:00 PM EST

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To: Steve Swanson who wrote (11788)	4/22/1999 11:11:00 AM
From: Cathedra	Read Replies (1) of 99985

This is from Briefing.com's 11 am update: Dow strength, however, is a bit misleading... Back out IBM (+22 1/8), and the Dow would be in negative territory as more than half of the Dow components are showing a loss at this time... Regional bank, gaming, and cyclical stocks among the more notable laggards in the broader market which continues to garner support from the tech stocks where Internet, software, and chip equipment issues are among the winning standouts.

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