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

To: Gersh Avery who wrote (41215)	2/24/2000 4:44:00 PM
From: Rarebird	Read Replies (2) \| Respond to of 99985

Gersh, we are living in a world of 2 different markets. The Dow and S@P are in a corrective mode and groping for a bottom. I'm not a S@P futures trader but I think a bottom is not that far away. I don't expect Dow 10K to hold. I think 9500 represents much better support. The Nasdaq, led by the Information Age Stocks is in its own world. ADBE and PUMA surged today, with ADBE rocketing to new highs. Perhaps some profit taking on Nasdaq tomorrow. I'm not an index trader. But I'm still very bullish on stocks like ADBE and PUMA. I'd buy them on pullbacks here.