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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 674.96

+0.9%

Nov 25 4:00 PM EST

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To: Lee Lichterman III who wrote (14703)	5/23/1999 5:30:00 PM
From: bobby beara	Read Replies (2) of 99985

Lee, I would love to see another attempt to 11,000 on the back of my oil stocks and i bought T also. BEARX is giving a weekly MACD buy signal (shorts nasdaq) xci could have been forming an inverted base going into Dells #'s but dells inability to crush targets 2nd time in a row i believe is weighing on tech valuation models in a high interest rate enviroment. Dell has an astronomic p/e for a company that is able to just hit targets and is in an industry with shrinking ASP and margins. i believe the xci will minimum sell down to 800 support. nutzcakes are starting to crumble, ntbk, tbfc, rnwk, dclk, elnk, visx, athm/xcit. Don't fight the fed -g-

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