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

To: sandiegobear who wrote (60113)	10/7/2000 10:09:33 PM
From: ciVic	Respond to of 99985

Dave....PM me man I like to talk TA and you seem to be on the same page as me. the DOW did not break long time support. I am looking at a DIA chart - it broke it INTRADAY - but closed above the trendling. that is bullish to me. ppl did not dump when it broke that line...they bought the close. hey listen...like I was saying on my last posts..I will be posting some charts on the lotsofstocks.com website. we can go over some of them and you can let me know what agree with or not :)) ciV

To: sandiegobear who wrote (60113)	10/7/2000 10:16:58 PM
From: ciVic	Respond to of 99985

Dave - and moving away from Line and charts....and to sentiment I FULLY Believe that that sentiment and TA match exactly. imo the market has factored in MSFT, IBM and some others missing earnings by a penny or two. the whisper # for MSFT is to miss by a penny. the market is expecting TERRIBLE 3Q results due to some of these warnings. what they will find is exceptional earnings and they will buy the news this time..starting with this week. (b2b - some of these may show +EPS [ARBA etc]..FMKT ceo said he say profitablity within 2 Q he said that in Augst. b2b will have BLOWOUT earns) MSFT can miss and it will not tank the market. why is MSFT at a 52 week low? they are factoring a miss into the price :) ciV