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

To: pater tenebrarum who wrote (46722)	4/16/2000 4:52:00 PM
From: Gary Burton	Read Replies (2) \| Respond to of 99985

TSC just started a poll an hour ago, asking "Where Will the Nazdaq Comp bottom"---of 521 replies so far---14% said "it has already", another 17% said in effect "3200 will hold" (Fri low was 3266), another 31% chose "3000-3200 while 30% said "below 3000" while 6% said in effect 'way below 3000'---My Interpretation-- IF the market opens Up, most think it will fail (I agree) but also 62% think one should 'start' buying the next low once it dips below Friday's low of 3266. And if the market opens down, one should get ready to buy about 10am------Hardly anyone expects a close below 3000 in the next 2-3days although it might dip a bit below intraday.-----Comments?

To: pater tenebrarum who wrote (46722)	4/16/2000 5:08:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99985

Heinz: Bad as Greenspan has been as Fedhead, can you imagine what things would be like if someone like Kudlow held the position. A poster on anther thread reports that Kudlow said on CNBC that he is not worried now BECAUSE GOLD REMAINS DEAD. If this guy was Fedhead he probably would be printing at a pace that would make even Greenspan blush while redoubling gold suppression efforts.