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

To: pater tenebrarum who wrote (47445)	4/20/2000 12:43:00 PM
From: Mad2	Read Replies (1) \| Respond to of 99985

H, have you looked at SIL. Its the one precious metals play ML has a buy on (may have to do with SIL's financing needs;?) The real deal there is to get the stock and the warrants. mad2

To: pater tenebrarum who wrote (47445)	4/20/2000 12:54:00 PM
From: Grandk	Read Replies (4) \| Respond to of 99985

Has there ever been a time when the Naz hasn't closed a window? We recently closed the window created on Dec 1st (I believe correct day)with the pullback Tuesday morning. However, another window is open late October around the 'magic' 2900 level. Im thinking this is why 2900 is such a popular number among the TA 'experts'. I guess when stochastics have been in overbought territory for the majority of ten years, one can expect a bit of profit taking. Im a young buck, and I dont pretend to understand exactly what's going on. I think this scared the piss out of a lot of rich people, and for the next few months at the least, people will be more apt to take profits. However, looking at the chart below, one can argue that the naz is still very 'overbought'. Worst case scenario-Naz to 1500. lol, Im a bull, I swear! bigcharts.com