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

To: GROUND ZERO™ who wrote (39731)	2/11/2000 9:35:00 AM
From: HairBall	Read Replies (2) \| Respond to of 99985

GZ: Well we may see a pop in the AM, but the TRANs are leading, the INDUs are following and the NAZ will be the last to get in line as it IS held up by glamour. The NYSE issues influence the SPX more than the NASDAQ issues....caught in the middle but lisping! This market is going to get very interesting soon...I can't wait for the adrenaline rush...<g> I love this stuff...<g> Regards, LG

To: GROUND ZERO™ who wrote (39731)	2/11/2000 9:48:00 AM
From: bearshark	Read Replies (2) \| Respond to of 99985

GZ: There appears to be a belief that if the NASDAQ moves up and consolidates then the INDU will move up. I am of the simple opinion that the NYSE, INDU, and TRAN are the leading indexes. I know it sounds a bid old and stodgy but so am I. In my opinion, the bear market has commenced. If I am right, the secondary market--Nasdaq--will reach the same conclusion. Maybe for starters, a 10 percent one-day down move.