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

To: Vitas who wrote (28060)	10/1/1999 1:18:00 AM
From: Berney	Read Replies (1) \| Respond to of 99985

Vitas, It really is very simple. As long as OEX 665 holds, one can have Hope, understanding that BK Bill has taught many of us that Hope is not an option. I was totally bummed out last week as it was obvious that OEX 685 could not make it to next Tuesday and stay within the Big Bad pennant. OEX 665 has a good chance. At that point, Mr. G & Co gets to decide the (very) short term course. I've reflected that we've already seen the high's for the Market for this year, and that I believe it will be totally sane to end near zero for the year. However, I equally believe that we are almost done with the earnings pre-announcement garbage and we will enter that period of fantastic comparisons to last year. All four legs of the stool are ripe to run. If Mr. G & Co leave it alone, I believe we get a great run to the third week of October. Then the Big Money will take a period of vacation until the Y2K issue resolves itself. It is probably not a coincidence that this fits your research to the time element of the A/D line; however, as I noted to Paulo, it is probably not an accident that we've retraced 62%. Just A Simplistic View from the Swamp Berney