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

To: dennis michael patterson who wrote (43393)	3/16/2000 9:26:00 PM
From: Benkea	Read Replies (1) \| Respond to of 99985

"(the lower part of the screen is twitching)" LOL! I can see chipmunk now :-) What did Cramer say again?

To: dennis michael patterson who wrote (43393)	3/16/2000 9:38:00 PM
From: AlanH	Read Replies (1) \| Respond to of 99985

Just a WAG, but I wouldn't be surprised by a gentlemen's game of american vs. euro-style options spanking... soon. (The dog's grown a mighty big tail.)

To: dennis michael patterson who wrote (43393)	3/16/2000 9:45:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Dennis, i took some profits into the close also, but kept some. volume is very good, you want volume on a trendline breakout and we had record volume on nyse today, outstanding up/down volume, outstanding a/d. 207.61.23.98 I almost bought ebay this morning because it retested the breakout, but i did very good today with a stock selling at 12 p/e and growing 50% per annum - JAKK. I have a very clean five waves down in the A/D line from april 99 and that is a C wave correction in the bear market that started in july 98. If you remember my gilligan's lagoon posts on the broadening top on the nasdaq (60 minute chart) in february. the dow has the same pattern with a double dip into gilligan 10,000. This thing is gonna go crazy with speculation, real estate, everything, we are gonna outdo japan 89 like nobody's business. b

To: dennis michael patterson who wrote (43393)	3/17/2000 1:05:00 AM
From: American Spirit	Respond to of 99985

Look at what didn't move today. It might move tomorrow. Everything moving sector by sector it seems. Computer companies like CPQ, UIS, MSFT, IBM didn't move much. Telcos like WCOM and T. B2B's and cable companies like ADLAC and ATHM. Teledesics like LOR. Lu got stuck in the middle. Just a guess but maybe these stocks are next, at least for modest gains.

To: dennis michael patterson who wrote (43393)	3/17/2000 3:24:00 AM
From: Dwight E. Karlsen	Respond to of 99985

The last I heard from O.J., he was postulating that "smokestack stocks" were not the place to be. I wonder if he's aware that IP (that's International Paper, not Internet Protocol), has been on fire this week? As has the whole paper and forest products sector. And yes, paper mills have smokestacks. A lot of 'em. Truly amazing, how a trader even as good as OJ can be sometimes be the perfect contrary indicator. I won't say what he said about qqq puts, but suffice to say, the qqq promptly dropped the next trading day (Monday - gapped down even) from 229, to yesterday's (Wed.) close at 205. That's (10.5%) in 3 days. dem's da facts. I'd say OJ is laying low. LOL.