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

To: pater tenebrarum who wrote (41178)	2/24/2000 8:43:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 99985

<Greenspan is lying> It is obvious where Greenspan is coming from. He'll do whatever is necessary to maintain liquidity for these markets and protect the bull. It is a waste of time, energy and money to fight Greenspan. The Markets have learned to distinguish what he says from what he does. When this tightening phase is over, these Markets will probably rocket even higher to even greater mind blowing valuations. Your looking at 1994 all over again here. Dow 9314 is the key level to hold. That was the peak from July 98. If that is taken out on a closing basis, the Bull is dead. Any decline that holds above the July 98 peak is merely a correction in an ongoing Bullish cycle and should be bought aggressively. That is the bottom line.