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

To: Berney who wrote (36250)	12/30/1999 1:29:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Did you look at my chart? home.att.net Sitting on mid tine of red fork, Both short term and mid term Stochastic low and MACD approching 0 line from above. This is a screaming buy other than like I said, it is 2 days from Y2K and it is an internet that is already grossly over valued. I would put a side wager on it but you are already long so you win even if I am right <ggg> As to Y2K affect, it is a coin toss as some have said IMO. SOme of my stuff is over bought and shows a decline, other charts of the main indexes are showing the likelihood of one more push upwards post Y2K to alleve the fears of those expecting a selloff. I have to go with the latter as I think there are just too many protective puts being bought "just in case". I say they will push it up a bit more then when everyone relaxes (assuming Y2K is a non event) they will pull the rug out. My bet is a slight dip the 2nd week, a push up then look out below after expiration. By February, things should start getting ugly. Good Luck, Lee