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

To: Stcgg who wrote (36644)	1/4/2000 7:44:00 PM
From: Les H	Respond to of 99985

March S&P markets.tradingtech.com close to Ord's 1405 target (1390 on cash S&P) looks like more fun inside the expanding top... (Today was supposed to be the big down day in the five-day pattern so far. Monday, the reversal from a marginal high. Tuesday, the follow-through from the Monday selling. And Wednesday, the up reversal from morning selling.) As for January inflows that everyone's expecting, remember that governments and other institutions pushed up payments into the end of December to avoid Y2K disruptions. Another of those distortions from Y2K overreactions.