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

To: Casaubon who wrote (57801)8/5/2000 11:50:07 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
I think,you may find the answer here...
Nasdaq is siting on the cliff "supported" by... the Biotech, Networking and Dot.com's.
The leadership of Semi's is already gone.
siliconinvestor.com
Make sure to notice a red support line...this time a 200MA

Now is a CSCO time....if CSCO results will not be accepted...
Nasdaq will fall from the edge of a cliff and the rest will follow.
The inverted curve and a bottom in the gold are the first signs of the market peak.
So....
Let's wait for the results coming from our King... a CSCO.
I agree with all your remarks, thanks.
el



To: Casaubon who wrote (57801)8/5/2000 3:49:47 PM
From: Sam Scrutchins  Read Replies (3) | Respond to of 99985
 
>>>> Well, the commercials are building a large net short position over an extended period of time. Why? <<<<

Casaubon, I don't necessarily doubt this statement, because I do believe we are in a bear market. But I am curious as to why you believe this is so. I have seen no source of data to corroborate this, just the opinions of some posters. Do you have a definitive source? Thanks.

Sam


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