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

To: t2 who wrote (80888)	7/25/2001 10:43:38 PM
From: mishedlo	Respond to of 99985

NV - Take a good hard look at IBM. DOW up 160+ points and IBM did not budge. Is there a name for the candle IBM put in today? I do not know these things well but it does not seem to be a good sign to me. GNSS and EBAY same story. Very little bounce when Naz rallied. Look at JNPR making new lows (on a sure date with the 10-15 area and another 40% haircut from here IMHO - good luck to John on this POS). Also note FDRY - Very very good earnings. I had puts and was worried. After hours NOTHING!, closing them tomorrow and will be glad to get out flat if I can after that. Even good news is being discounted here IMHO. Now look at LWIN - LOL - I had puts (not enough) on this total GTZ and am laughing my ass off. In short bears are wacking ANYTHING showing weakness. The Funds are trying feverishly to protect that 1900 area. They can last a few more days if that. As for me I am reloading QQQ puts in the AM tomorrow, after selling them on the open today, reloading then selling them again around noon. Good Luck. If you go long, do not overstay your welcome. M