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

To: Amots who wrote (80752)	7/23/2001 2:58:34 PM
From: t2	Read Replies (1) \| Respond to of 99985

A bit risky going into Greenspan's testimony tomorrow. He could possibly say something more positive on the economy. That is why I decided to close out many of my short/put positions and added a bit to longs. Also saw that insider trader guest on CNBC...level of selling dropped in June in tech stocks..but absence of insider buyers. Could be enough of a factor to tip the scales for a rebound in the near term.

To: Amots who wrote (80752)	7/23/2001 3:06:27 PM
From: Crystal ball	Read Replies (3) \| Respond to of 99985

Special of the Day: BLOOD IN THE STREET, the best time to eat. This is a buying opportunity day. The CSCO upgrade by UBS Warburg probably means a full blown tech recovery is underway and perhaps has been shaping the past week or so, with the non-responsive market getting caught unaware to the point of a classical V-SHAPED RECOVERY upon the surprise swiftness of the recovery becoming widely known, as the RACE TO BUY BEGINS. Just like the last 6 economic downturns and recessions and subsequent V-SHAPED STEEP UPWARD RECOVERY. here are fewer warnings, i.e. more improved earnings meeting or beating the street. If CSCO is recovering, then just think out the lay of the internet and networks and the products and therefore the companies that will recover next, like storage, etc., etc., I am, Truly your$, -Crystal Ball