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

To: KymarFye who wrote (66227)	1/8/2001 1:02:54 PM
From: Doug	Read Replies (2) \| Respond to of 99985

KymarFye: The big Institutions feel trapped. If the market goes up now, it will reduce the chances of a Fed intervention before 31Jan and the big gains that result from a cut. Also about $2.5b Bio Tech IPO's and 15 High Tech IPO's are waiting to be launched but subject to right conditions. It seems likely that this slide will drag on to ensure both goals are accomplished in early January. May I ask how do you see the NDX being played out from these levels thru Jan. Thx.