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

To: bobby beara who wrote (72649)	3/18/2001 8:31:13 PM
From: Yorikke	Read Replies (1) \| Respond to of 99985

This is going to be a transient pop. Since the Japanese do not have any thing to invest in at the moment in their own country the only thing the zero interest rate does is set up great opportunities to move the yen to places like Turkey and Albania, where investment opportunities are so much more positive. The boj can not think out of the box, the Japanese government is senile, the banks are all in denial over the dead flesh they carry on their books, and now even the economy has died. There is no celebration in the real implications of a zero interest rate.

To: bobby beara who wrote (72649)	3/18/2001 8:53:40 PM
From: el paradisio	Respond to of 99985

Well, I am counting the Naz top from Sept 01 at around 4000. Wave A down was from 4000 to 2500...1500 points. Wave B up was at 2900-3000.... Wave C down should find the final bottom at around 1450-1500. stockcharts.com[w,a]dhclnimy[dc][pd20,2][vc60][iLc20!La12,26,4!Lp14,3,3!Ld20!Ll14] ADX is below DI-, what suggest, that selling pressure is much lower, than before. Also important...ADX is not making a new high with the lower prices. In the meantime, we should get a small wave up around Mon-Tue...which will be sold IMO. Regards, el