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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (35254)	11/4/1998 3:51:00 PM
From: MythMan	Read Replies (1) \| Respond to of 132070

>>the loss of momentum in the stock mkt. << Mike, all of our usual kidding aside, what market are you watching? There is enormous momentum right now. In fact that is all there is imo. MM

To: Mike M2 who wrote (35254)	11/4/1998 6:00:00 PM
From: MythMan	Read Replies (2) \| Respond to of 132070

Mike, What does the Hickey letter say about this? ho ho ho >>Wednesday November 4, 5:05 pm Eastern Time Nasdaq closes above 1800 mark on solid tech rally NEW YORK, Nov 4 (Reuters) - The Nasdaq stock market closed above the 1800 mark for the first time since August 20, with tech stocks strong on a post-election day rally and investors viewing impeachment of President Clinton more unlikely. The Nasdaq composite index rose 35 points, or 1.96 percent, to 1823 on volume of roughly 1.1 billion shares. Advancing issues outpaced declines 2500 to 1636. There were 77 stocks hitting new 52-week highs and 45 sinking to new lows. ''Everyone is a momentum player these days and money managers looking to outperform by the end of the year think tech stocks will do it,'' said James Melcher, president of Balestra Capital. <<