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

To: American Spirit who wrote (76863)	5/11/2001 1:39:55 PM
From: eichler	Respond to of 99985

"Short-covering alone will make god a decent rally now." god??? Sorry, I am not particularly the religious type, or is that a new stock on the AMEX? GGG

To: American Spirit who wrote (76863)	5/11/2001 2:22:57 PM
From: t2	Read Replies (1) \| Respond to of 99985

A.S., I can't believe the market can trade lower based upon expectations of only a 25bp cut Tuesday. If that is the case, might be a great idea to get long today, Monday, and Tuesday morning. The market will be surprised, IMHO...no doubt about it. Greenspan is not going to take a chance on a 25bp cut and possibly send the consumer sentiment spiralling down...as it is linked too much to the market sentiment. Still can't believe all those comments that may not ease 50bp...clueless people. I have done enough waiting for some buys...and decided to start accumulating my new aggressive positions again (LONG) this afternoon and will continue buying right into Monday. Still think it is possible to have today and Monday close lower on the Naz but I am averaging in....and planning on selling by end of next week. BTW--volume estremely light. Naz volume has not hit 1 billion yet. Unbelievable!