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

To: Doug who wrote (68998)	2/12/2001 12:30:56 PM
From: Kemo Sabe	Read Replies (1) \| Respond to of 99985

Doug: I think not. 1. History is on the side of bulls here. There could be a s/t down swing, but longer term the trend is still up. Check the chart out posted by AllansAlias on another board. It helps to discombobulate the mind. Message 15337580 2. Cash on the sidelines itching to reenter... 3. Recent downswing factors in reduced earnings for 1-2 quarters. 4. More rate cuts probably coming within the next 2 months. Its good that the bubble stocks (like EMLX) have got creamed. There may be a few more, but the QQQ, SPY, & DIA are all good buys now for the L/T investor. Kemo Sabe