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

To: bobby beara who wrote (65458)	12/29/2000 12:48:31 PM
From: Haim R. Branisteanu	Respond to of 99985

BB, who are the CHARTS?????? HAPPY NEW YEAR TO ALL Haim

To: bobby beara who wrote (65458)	12/29/2000 4:33:40 PM
From: Gary Burton	Read Replies (3) \| Respond to of 99985

I think we finished 5 waves up this am from 2288 low for either a 1 in a new bull or A of a retrace--then we likely ended the 2 or B-(or will end on Jan2/3)- with a 50%ish retrace to mid 2400's-to then be followed by either C into 2650-2750ish or a bigger % rally for a 3--either way, we are likely not done yet on the upside for this rally off the Low. Bradley turning point scheduled for Jan2, likely a low---next material turning point after Jan2/3 is late Jan .......Also, as anticipated stocks like MSFT are headed to final new low sub 40 (37ish?)next few days, LSI should test 15.50/ 16, GX still looks like it needs to take out 11.31 low eventually...INTC hit interim support at 30ish today and may rally a bit but will roll over below 36 and then drop into mid-higher 20's......Today the COMP had positive breadth and more new highs than lows on a dn 87 undex.