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

To: Stcgg who wrote (65215)	12/25/2000 2:18:52 PM
From: UnBelievable	Respond to of 99985

Thanks - Once Again It Should Be An Interesting Week From the looks of things we should be heading down, but I've been burned too often by futures driven ramp jobs on low volume holiday trading days that its hard not to be a little gun shy.

To: Stcgg who wrote (65215)	12/25/2000 2:35:43 PM
From: Wyätt Gwyön	Respond to of 99985

Wachovia's downgrade of JDSU was made Friday, not today. It was made in the first part of the day and did not significantly affect the stock price. Stock price fell rapidly on news of DBAB downgrade later in the day (noonish).

To: Stcgg who wrote (65215)	12/25/2000 4:21:16 PM
From: Les H	Respond to of 99985

I hope you bought the dip today. It bounced back to break even.

To: Stcgg who wrote (65215)	12/25/2000 4:47:13 PM
From: KevinMark	Respond to of 99985

Pull up a trading log for Friday, and see what you come up with. Hedge funds shorted at the open, then came the downgrades, then they covered after 2pm. Regarding, CNBC. They are the biggest institutional puppet I have ever seen. They're only trying to help the institutions from not having to compete for the same shares this week as the retail investor. Don't be surprised to see E-trade, Selectnet, and selected ECN's have temporary outages this week, as institutions get their fills. Investors should be backing their barges up to the technology dock for the first day in red we see this week, which will probably be on Wednesday, because this will be the last week shorts have to cover in technology to lock in big profits. The longer they wait, the losses in potential gains go higher. KM