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

To: bobby beara who wrote (57122)	7/24/2000 3:33:52 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99985

I have little doubt the NAZ will be considerably lower by fall even after todays's big hit. But I wonder if there will be one final rally before the NAZ goes down for the count again.

To: bobby beara who wrote (57122)	7/24/2000 4:36:07 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

What amazes me most is the fact that INTC hold up today even with a poor earnings report which predicted the now publicly known slowdown in the PC screwdriver companies. On the other hand IBM, CPQ, DELL, HWP got hit some more. as to GTW and MU that's another miracle ...... only in the USA <GGG> Wonder wen those stock will trade at multiple they deserve of cyclical stocks ...... e.g. HON, UTX or DD. WOW TXN beat earnings by 1 penny, <GGGG> and they earned over $1 billion from selling MU Stock. TXN trading around 65 1/4 to 66 on REDIBook up $1 from NYSE BWDIK Haim