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

To: American Spirit who wrote (46424)	4/15/2000 1:59:00 AM
From: michael r potter	Read Replies (1) \| Respond to of 99985

American Spirit, for what it is worth, I actually agree with most of what you said and was in buying today despite being a broker in the '87 crash and knowing what the following Monday was like. This has been so similar, yet, it doesn't have to continue in lockstep. If one doesn't do some phase in buying into weakness, the rally will be so swift, I didn't want to be fumbling around trying to catch up to it. This morning was great. Plenty of time to sit back and take specific shots. Even bought CMGI for the first time- one of the more speculative buys [definitely one of the many I've scorned] and granted, it is still not cheap but a reasonable risk reward right now. Also SFE in the low $30s plus UIS, Tellabs, and a small biotech that is showing positive divergence price wise vs. it's bottom a few days ago. Maxigen MAXY Not time to bet the ranch, but for those waiting, a day to start phasing in IMO. Good luck, Mike