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

To: Tom Pulley who wrote (83248)	6/27/2002 7:41:16 AM
From: tcd	Read Replies (1) \| Respond to of 99985

Anyone listen to the Kudlow/Cramer report last night? They talked about fund managers reprogramming the buy programs on computers. They said that yesterday, because of the 2B shares traded, it was due to the computer buying. BUT now that they have factored in the WCOM debacle - which has exposure to at least 85 companies, they think this is going to be CAPITULATION day. Anybody have an opinion?

To: Tom Pulley who wrote (83248)	6/27/2002 5:00:07 PM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 99985

I'm down as of yesterday's close -(4.6)% as I averaged bought into the into the Naz index starting at 1462. However, I held off averaging into the S+P index until last week, and did some more this week. When the latter dropped below 1000 I thought that to be a screaming buy. What's this curious thing about 3:30pm EST, thats when the program buying comes in (I guess) ?, but why 3:30 pm EST ? That stronger than estimated GNP at a tad over 6% was stunning as most people thought the GNP would be less than est awhile ago. Thanks