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

To: dennis michael patterson who wrote (27050)	9/24/1999 12:06:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

Dennis, Subjectively feel that downside capitulation has not yet arrived. If the NAZ/NDX continues down I will have a CLASS 1 BUY signal on the NAZ/NDX on MON/TUE. I already have CLASS 1's on the DOW/SPX. In light of the NAZ not at the CLASS 1 level yet I will wait till Monday before going long for a short-term scalp trade. As for a BLACK MONDAY, subjectively this negativity may brew over the weekend and we may get capitulation on MONDAY. I wont doubt the possibility. Seeya

To: dennis michael patterson who wrote (27050)	9/24/1999 12:09:00 PM
From: James F. Hopkins	Respond to of 99985

Short squeeze coming before long, big foot hit bottom at 10:15 & vix is to high. A rally of some sort is in the making, but it "may" be short lived. "If" the G7 moves to support the dollar shorts will get killed.