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

To: bobby beara who wrote (71598)3/9/2001 7:22:48 PM
From: jmootx  Read Replies (1) | Respond to of 99985
 
Sure enough

That for one I am not long any tech, and the money leaving tech is heading to the broad market. I see better profits in the next month being long the broad market and shorts will find less downside in the coming weeks on NASDAQ. How much has anyone made shorting Intel lately. If scalping 2-3 points is your trading style then sure that will work. Like pounding on Cisco at 24 was a good move. This latest warning just confirms that the big money wants to window dress with value stocks in the coming weeks. That is exactly what happened to healthcare and energy in December. They both spiked like mad the last two weeks of that month.



To: bobby beara who wrote (71598)3/9/2001 8:08:01 PM
From: Casaubon  Respond to of 99985
 
Yah BB, what amazes me is that AJC was shamelessly paraded in front of the camera so they could unload supply to unknowing hardworking people. How terrible for those investors that AJC admitted they are out of ammo. So, now a mark up phase must be in sight less the golden goose is to be dinner.


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