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

To: Michael Watkins who wrote (48608)	4/29/2000 12:35:00 AM
From: Casaubon	Read Replies (1) \| Respond to of 99985

I could paint a bullish picture just as easily. The capital, as was stated in that article, is to be divied up between 10 fund managers and reenters the market as investment dollars, not trading dollars. The net result being a dampening effect on volatility, with a preservation of liquidity.

To: Michael Watkins who wrote (48608)	4/29/2000 12:49:00 AM
From: IndexTrader	Read Replies (1) \| Respond to of 99985

Hi Michael, From what I have read, Soros has already sold his Tech. Some are saying this is what exacerbated the recent sell off in the NASDAQ. Apparently he bought into one of the earlier dips and then dumped everything as the selling progressed. So, if true, this should be bullish for the Naz. What is your read on the sluggishness of the S&P today. As some mentioned before, Trin was quite high as was Tick. At the end of the day Tick spiked up to 700+ as Trin hit 1.98...kind of unusual. Thanks, Michael Susan