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

To: Jacob Snyder who wrote (30791)	10/20/1999 4:10:00 PM
From: Benkea	Respond to of 99985

IBM just met estimates excluding gains, but said "they would feel the affects of a Y2K slowdown in the 4th quarter". (It's selling off in after-hours). Me? I'm having a ball. Bought CPWR day before yesterday (and sold yesterday to buy APCC). I'll leave BRK's performance off while I'm bragging - hehe. Pre-closing imbalances: biz.yahoo.com

To: Jacob Snyder who wrote (30791)	10/20/1999 6:14:00 PM
From: stockycd	Read Replies (1) \| Respond to of 99985

Jacob, Just lucky. Frank Skepton has taught me a lot about forks. The QQQ (NDX) should encounter resistance at about 124.0 or so. Resistance for the NDX should be 2480. I can't say right now how strong this resistance will be but it should hold for a couple of hours. I guess we can expect some carryover (up) at the open and then reverse. BTW, I've got resistance for the Dow at 10500 or so but in light of the fact that IBM is trading down 12 in after hours, that may be hard to achieve. Any pullback tomorrow may be muted. Does anyone know how may Dow points 12 IBM points is???TIA. Later, Chris