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

To: Fun-da-Mental#1 who wrote (23981)	8/27/1999 10:46:00 AM
From: Fun-da-Mental#1	Read Replies (2) \| Respond to of 99985

Stocks Slip On Greenspan Comments smartmoney.com "central bankers around the world must focus on changes in asset values in formulating monetary policy." -anybody know what that means? FDM

To: Fun-da-Mental#1 who wrote (23981)	8/27/1999 10:50:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Fun-as-Mental, >>>> Several times I've heard it claimed that there is a lot of cash on the sidelines waiting to come into the market. Can somebody give me a source for this info? I'm wondering is it just based on less money coming into the market? If so that doesn't mean it's ready and waiting somewhere. It may not be available at all. <<<<< I have always questioned that since it is so subjective, since they were mentioning money outside of money market funds. Off-Topic The upward trendline of this rally which started around AUG 10 is now at 1355 for the SPX. The SPX is right now in the the 1355 range so a significant break below 1355 could imply further downside. seeya