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

To: Haim R. Branisteanu who wrote (43435)	3/17/2000 10:01:00 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99985

Haim: My short-term bullish call on the old economy has been vindicated beyond my wildest expectations. At the same time the manic nature of this rally and the huge increase in volatility generally has made me even more bearish medium and longer term. The current market action increasingly resembles what happened in 1929 leading up to the crash. Dow 11000 looks pretty certain and a run to new highs would not surprise me. But looking beyond that I am quite confident that recent lows will be broken decisively before very long. Good commentary on the huge debt buildup and manic market action at contraryinvestor.com One thing for sure. Whether old economy or new economy the current market has very little to do with investing and everything to do with gambling, wild speculation, and gross manipulation.