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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: marcher who wrote (20911)	7/23/1999 1:42:00 AM
From: bobby beara	Respond to of 99985

Marc, I actually had a chart of that prepared to send to Haim, and I'm actually in that business -g- but the since the Dow fell out of it's bull flag, i need the cyclicals to show me the money. the cyclicals need to get some giddeyup now, or Dow 12000 may be cancelled for a few generations bwdik

To: marcher who wrote (20911)	7/23/1999 2:24:00 AM
From: Berney	Respond to of 99985

Marc, I'm almost glad to hear that bb is in the business. I see the problem as an industry that just doesn't understand business. Seems a lot like agriculture to me. Every time prices even show any improvement, there is a flood of supply. 20% of the DJIA are industrial cyclicals. As of last Friday, they were second only to the techs in the Big Boyz in year to date stock performance. JMHO, but I'm getting to the point that that when I see these little puppies run, red flags go up that we are getting close to a market top. They just cannot handle success and it has a lot to do with captain Jim's head/tail concept. Berney