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

To: J.T. who wrote (26556)	9/21/1999 4:16:00 PM
From: J.T.	Respond to of 99985

We are smack on these levels. NDX 2480 is toast. DOT 617.5 we are on it. And Considering the IIX was briefly positive at over 310.25 with an hour to go only to give it up and finish near the lows down 1.3% dictates tomorrow to be quite ugly and volatile. ---- ...<If you see a late sell-off going into the bell below 2,480 NDX, 305 IIX and 617.5 DOT (not 317.5 DOT)... it will set up real bad for tomorrow, imho.>... ---- I am not the least bit concerned that the DOW bounced off 10,551 and SPX off 1,302. Fact is, the market was not going further south without full participation from NDX, DOT, IIX and SOX which finished down 3%. Tomorrow will be a trip in itself. Back late tonight (MITA). Best Regards, J.T.