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

To: HairBall who wrote (52268)	5/26/2000 12:14:00 PM
From: 10K a day	Respond to of 99985

don't you have some rules or something you're suppose to be following...<g> >>>> LOL!!

To: HairBall who wrote (52268)	5/26/2000 12:58:00 PM
From: westes	Respond to of 99985

I'm surprised that you would lose or make money on this tape. This tape is putting me to sleep. :) What is interesting is that the low-cap tech stocks are making new lows, and many have decisively broken down and are drifting slowly down to long-term support levels. Stocks like QXLC, the British based auction house that is thought to be the best rival to eBay in Europe, broke support at 10, and seems to be drifting down to support at 4. I see similar patterns in lots of smaller issues. Too low to short, and too high (in this tape) to buy. Given the holiday, it's probably not the day to start a rally or make a decisive move down.