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

To: Zeev Hed who wrote (71209)	3/4/2001 11:26:28 PM
From: John Trader	Respond to of 99985

Zeev, Thanks very much for your comments. I agree that PEG ratios can get a lot lower than we might want, and that there is a good chance we may not get a V bottom. Also, my analysis approach was very simplistic. I must admit that the argument for a continued bear argument is sounding more believable, and is taking its toll on me. Perhaps that is one sign the bottom is near though. I am encouraged by your prediction of a rally to 2650/2850 in April. I think we are experiencing torture already each time the Nasdaq tests its lows. I think there are all kind of possibilities as to how this turns out. At some point I may not even want to look anymore, if this decline continues. John