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

To: pater tenebrarum who wrote (55384)	6/26/2000 8:50:00 PM
From: scotty	Read Replies (1) \| Respond to of 99985

Hmmmmm, good observations....On another note, I'm afraid the markets may go flat until September.....I don't have the patience....scotty

To: pater tenebrarum who wrote (55384)	6/26/2000 9:07:00 PM
From: fedhead	Read Replies (1) \| Respond to of 99985

Exactly what I was wondering myself. The NAZDAQ rallied off the 1998 October lows with YHOO, EBAY etc taking the leadership roles. I wonder if their decline could be the end of the bull that began in Oct 1998. The leadership this time seems to be with the fiber optics like SDLI, GLW, select semiconductors in the power management sector like PWER, SYXI so it is hard to say whether we are in the midst of a bear market rally or the beginning of a new stage in the bull market with new leadership. Thanks Anindo

To: pater tenebrarum who wrote (55384)	6/26/2000 9:13:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

scotty, i wonder if the i-nuts still serve as a good leading indicator for the NAZ...they sure did when the rally off the October low began last year. if so, they would now indicate the opposite... Heinz, i am watching the iix and the dot, which are both locked in i believe bear flags, they lost there chance to break-out about the middle of last week. The amazon breakdown may be a leading indicator. the biotechs are not gonna excite the market exhuberance that the dot coms did. i'm hesitant to go very long or very short here. b

To: pater tenebrarum who wrote (55384)	6/26/2000 9:13:00 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 99985

heinz," i-nuts reflect market participants courage, the willingness to take on incalculable risk for the chance to achieve outsized returns.". They have certainly been an indicator until now. perhaps they will continue to do so. They are getting slaughtered. One by one, The Bear is taking them out. I think this Bear has been starved so long that now he is making sure he cleans every plate he gets. Once cut, everything is likely to stay down. I suppose for last he'll take the big meal. By then he'll have grown quite big and powerful. Nobody will/can stand in his way...IBM...INTC...MSFT...HWP even GE......They will all be cut to size. This summer rally is very feeble. I think it is run by would be day-traders in the -vbg- in Institutions..........-vbg-... Not like the original Day-Trader though..... QCOM up 40 points a day..........those where the days my friend......those where the days..... TA To: scotty who wrote (55381) From: heinz blasnik Monday, Jun 26, 2000 8:38 PM ET Reply # of 55388 scotty, i wonder if the i-nuts still serve as a good leading indicator for the NAZ...they sure did when the rally off the October low began last year. if so, they would now indicate the opposite... as i have mentioned before, they are an excellent indicator of the market's emotional state, since their valuations are not hampered by such mundane things as fundamentals. they reflect market participants courage, the willingness to take on incalculable risk for the chance to achieve outsized returns. regards, hb