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


To: Jerry Olson who wrote (51032)5/16/2000 8:33:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 99985
 
Jerry, I cannot decide between the first and the second count. But if we follow the email update, it looks like the 25th will be the buy point. Now, do I agree with him that we will see sub 3000 on the Naz by that point? It is hard to believe we'll selloff THAT much by the 25th. Do you think we'll get that? A post-expry letdown. I am now looking to get long GE. I have been watching it, and it looks very good to me. I've been thrashing around in some tech, and had a few good trades and a few bad. I think the Naz is finished for a while. I remained stunned by the weakness in Csco and Amat, for example. Look at Amat-- 92 or so. Wow. Tech is dangerous. I think Chris is right-- old economy to rule. Buffett with some juice. I would appreciate your thoughts OJ. No caps, please. <gggg>