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

To: Doug who wrote (83217)	6/5/2002 2:15:56 PM
From: Rock_nj	Read Replies (1) \| Respond to of 99985

I've read and heard that 2Q profits are suppossed to be pretty good in July. Might give the market a brief lift IMO. Then, it's down again as the dog days of August linger on...

To: Doug who wrote (83217)	6/7/2002 2:34:44 PM
From: Patrice Gigahurtz	Read Replies (2) \| Respond to of 99985

After the action today just maybe there is enough dough sitting in low yielding DCs that the holders are getting bored with and have decided (maybe ?) to take a chance and bet the Naz after its 70% tank or the S+P after hitting almost post 9-11 levels. DOW to me looks still vulnerable but the Naz and S+P to me are attractive and so I put some money to work in those indexs a few days ago. So my 2 cents is as long as CDs are very low % yielding there will always be monies on the side just itching to buy up the fire-sale techs. Thanks