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

To: Zeev Hed who wrote (78440)	6/11/2001 3:05:17 PM
From: eichler	Respond to of 99985

Zeev, Very good comments. I think you are right on... Regards, Eichler

To: Zeev Hed who wrote (78440)	6/11/2001 3:09:29 PM
From: Saulamanca	Read Replies (1) \| Respond to of 99985

Zeev, here`s the link about 5 rate cuts: traders-talk.com Jim

To: Zeev Hed who wrote (78440)	6/11/2001 3:52:04 PM
From: t2	Respond to of 99985

Zeev, I wonder if you can comment about what is happening late day in the market. I was watching for any sign of short covering...to me that would JNPR moving up. However, JNPR not going far it appears. The moves in the big caps have been pretty good off the lows. Would that be reason to believe that there is a possibility of real buyers picking up here. Just as I typed this, I notice that a trader on realmoney.com had this comment. Ken Wolff BRCD, INTC 6/11/01 3:38 PM ET We are still seeing creeping up off the bottom on the Nasdaq, and it seems to be strengthening this last hour of trading. I think these are real buyers too, and not simply end of day short-covering. When we see short-covering, we tend to see stocks that have been relatively weak throughout the day, bouncing off the bottoms. But what we are also seeing now are relatively stronger stocks today, making new highs. One of those is Brocade Systems (BRCD:Nasdaq), which has moved into the green. Another has been Intel (INTC:Nasdaq), which also showed relative strength today, and has made new intra-day highs this last half hour.