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


To: Doug who wrote (74114)4/4/2001 12:05:46 AM
From: Zeev Hed  Read Replies (1) | Respond to of 99985
 
Itchy liquidity (new retirement money, MZM up some $600 B from Jan 2000), temporary selling exhaustion, and the houses wanting an "orderly decline" rather than a rush to the doors. I think that one of the houses needs to find a way of disposing of 90 MM AGR (Agere stock? I am not sure what the symbol is, I am not buying it from them....) stock they just took in, can't do it unless we have a nice rally into which they can sell...

Zeev