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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: Stephen who wrote (14972)	5/27/1999 1:04:00 PM
From: bobby beara	Read Replies (3) of 99985

Stephen, >>>if you made that call on DELL last year then split adjusted it has to get to $5 .... and if things get that bad we're all in the doodoo(GG)<<<< I said a $10 stock. period -ggggggg- Stats of note: IBM 3.3% of the Dow has been responsible for 16% of the Dows climb from October and 60% of the Dow climb from Feb lows. Market is thinner than most people are considering. I expected this rally to have some follow thru and possible the thin breadth is the reason. Trendline of importance --- The XBD broke it's trendline from October/December lows this week and yesterday on a mega short covering rally retouched it's double hump top (ABC corrective rally off the parabolic top) and looks like it is now making that support resistance. bb

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