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

To: HairBall who wrote (51290)	5/19/2000 3:03:00 PM
From: shamsaee	Read Replies (1) \| Respond to of 99985

I don't think this decline will be sustainable and is a by product of option expiry.We will go higher next week and get stuck in a range between 3400 to 3750 until the next set of Econ numbers come out.If they are benign or positive we will have a huge rally.On the other hand if they are Inflationary then the 3000 argument will materialize in quick order. I don't trade and accumulate good companies with a long term view.I don't understand trading like you guys do and can't take the stress.I am always all cash buys,so my buy and sell decisions are done after a lot of pondering .My largest holding is qcom and honestly can say not worried about the price today,would buy more if,I had cash available. You have a talent to see market direction,which I gather comes from many years of pains and gains.