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

To: bobby beara who wrote (78013)6/5/2001 1:28:11 PM
From: ajtj99  Read Replies (1) | Respond to of 99985
 
Bobby, I think we have to wait until closing time to see what's really developing.

I agree with you that today's development puts a little monkey wrench in things for the Bears. However, the SOXX is still pretty close to 640, and if it closes below 640 and the COMPX around 2200 or so, I still think it means we're going down.



To: bobby beara who wrote (78013)6/5/2001 1:31:46 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 99985
 
Bobby: Let's not forget that MSFT can sometimes gap and crap. It has done this in the past at crucial points. So as opposed to thinking this is the beginning of something big, it just may portend the closing chapters on the rally. Have to keep an open mind. Take that VIX downtown <g>!!


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