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

To: Techplayer who wrote (62268)	11/12/2000 12:07:11 PM
From: Les H	Read Replies (1) \| Respond to of 99985

Bears Fear a Bush Victory Will Be Poisoned Chalice independent.ie re: telecom financing It doesn't look promising since they're just starting to cite inventory backing up at each of the vendors.

To: Techplayer who wrote (62268)	11/12/2000 1:31:04 PM
From: Boplicity	Respond to of 99985

at 3000 with 200 points drops a day the market would be zero. 500 to 400 max down from here, wipe out all of 99 should do it so 2600 lowest of lows. The biggies, ORCL, MSFT, ORCL are trading at less the 1 to 3.7 times using projected 5 yr % growth rate, what you are seeing now are the stocks like SEBL, JNPR, NTAP etc that are growing like weeds that have held finally succumbing to the selling, I see that as end stage. The election impasse has hasten the bottoming process. I feel the selling will be done with by the end of this week or next. NO way will we end up with the speaker as the pres. or that 98 something elevator pinching southerner we will rally as soon as they come to their senses. <g> Greg