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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (15527)	12/21/2001 7:49:03 PM
From: Softechie	Respond to of 99280

Looking at NAZ index I see a resistance line at 1959. Here are my points for drawing the resistance line: 1. 7/11 O:1954 H:1975 L:1934 C:1972 2. 12/13 O:1979 H:1985 L:1945 C:1946 Today it closed below the line at 1945. If next week it cannot break and stay over the 1959 then I know it ain't going any higher than that.

To: ajtj99 who wrote (15527)	12/21/2001 8:09:46 PM
From: Softechie	Read Replies (1) \| Respond to of 99280

ajtj, January 2000 was a down month... here are the numbers for January: 1991 373.84 414.20 1992 586.34 620.21 1993 676.95 696.34 1994 776.80 800.47 1995 751.96 755.20 1996 1052.13 1059.79 1997 1291.03 1379.85 1998 1570.35 1619.38 1999 2192.69 2454.71 2000 4069.31 3940.35 <=== DOWN! 2001 2470.52 2772.73

To: ajtj99 who wrote (15527)	12/22/2001 4:59:27 AM
From: Psycho-Social	Read Replies (1) \| Respond to of 99280

MSFT: MSFT is very influential re the Nasdaq, no doubt about it. The real difficulty in analyzing the company's expected performance is the legal aspect - right now the wild card is Europe. Unless you have someone on the inside, ala Gordon Gekko, it's difficult to tell what will happen and when. If the Euro Trade Commission tells MSFT that their practices are anti-competitive and illegal and that they must change them, that could throw a monkey-wrench into the situation. In Europe, MSFT doesn't have public pressure on their side, nor any political influence, except on the negative side. They can't use their $ to buy people off. On the other hand, it could just turn out to be a tempest in a teapot. It's difficult for the non-specialist in this area to know.

To: ajtj99 who wrote (15527)	12/22/2001 6:41:33 PM
From: Susan G	Read Replies (2) \| Respond to of 99280

That Up January Trend was broken in 1998... Only 2 Of 4 Past January's Up Month For Stock Market... Up until 1998, the stock market rose each and every January since 1992. In January 1998 the TrimTabs Market Cap index was unchanged. breaking the streak. The small drop in the market during January 2000 presaged a much bigger one later that year. Despite that, Wall Street believes that the January effect is real. from the latest TrimTabs report trimtabs.com