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

To: American Spirit who wrote (78679)	6/14/2001 4:34:56 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 99985

Climactic sell off? Absolutely not, more a Chinese torture style, meaning more to come from where that one came. If you give some real climactic reading of -1300 on the Naz tic, I'll buy your "climactic" description, we barely got to -800 early in the day. We are exactly where I suggested we will be before expiry, 2050, so it is no surprise, and after a mild bump, i think we resume our march toward 1850 before the end of the month. Zeev

To: American Spirit who wrote (78679)	6/14/2001 4:42:57 PM
From: eichler	Read Replies (2) \| Respond to of 99985

AS, OT Don't get me wrong...I am far from a big fan of our fearless leader (Rocky and Bullwinkle - GGG)...I have plenty of concerns, some of which involve his previous attachments to the energy industry and current energy problems, and I think he would dearly love to rape Alaska and the California Coast of oil deposits in spite of environmental risks. I don't see him as a friend of our planet, our environment, Joe average. He is a mouthpiece of Corporate America, which pretty much runs the show anyway. His B.S. tax refund was a ploy to get himself elected. Stupid people fell for that, and I will get my small measure of satisfaction as these same idiots slowly but surely wake up and smell the coffee! We will reap in spades what we have sown putting that dude in the White House. As far as the climatic sell-off....well, you thought they overdid it yesterday! It can be overdone some more IMO. Not saying we crash (not saying we don't), but I will state again the daily chart is very, very UGLY! Today's gap down Black Marubozu bodes very negatively (compx) for tomorrow. I wouldn't get your hopes too high for an immediate bounce of any substance. Just my perspective at this point, don't make too much of it, I know you won't anyway. ggg Regards, Eichler