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

To: Benkea who wrote (45548)	4/10/2000 5:59:00 PM
From: Benkea	Read Replies (1) \| Respond to of 99985

Shoe shine boy market: My wife came back from the dry cleaner's today (where CNBC is always on a TV there). The sole topic of discussion between employees and customers was "tech stocks", "what happened to the Nasdaq today", "man I took a hit today because of the Nasdaq", "my Biogen got wacked today".

To: Benkea who wrote (45548)	4/10/2000 6:29:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 99985

Benkea, It looks like the NASD Board is starting to admit they are in trouble. 3 months ago the were hyping that they were the market of the future and it would go to the moon, then last week the President said it was a bubble and now it looks to me like they are in panic. They are admitting the exchange is unprotected because of a potential liquidity problem. Looks like exhaustion in junk to me, and the NASD could get a reputation that would kill their business for years. Joan

To: Benkea who wrote (45548)	4/10/2000 7:10:00 PM
From: bobby beara	Respond to of 99985

SUNW popped inside it's rising wedge on Friday and gave a little fakeout, and today it blasted out of the wedge on a big stick 207.61.23.98 On a closing basis the ndx looks like it put in a right shoulder of a down angled H&S into friday on the low volume everybody was talking about. 207.61.23.98 If we gap down tomorrow maybe another tuesday for the record books -g- b