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

To: bobby beara who wrote (777)	12/7/1998 2:42:00 PM
From: Haim R. Branisteanu	Respond to of 99985

bb, yes after I mark FDX as a "WATCH" stock Friday <ggg> just kidding. as you said Fedex now considered an internet company -gg Haim

To: bobby beara who wrote (777)	12/7/1998 3:12:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

bobby: Well, those breaks were to be expected. I don't think this is the beginning of a new blast off...time will tell. The NAZ and RUT's 60-Minute formations portended a break to the upside as uptrend based symetrical triangles most often do. DJI, NYA and SPX broke above their respective upper descending resistance trend lines Friday. I expect a consolidating rise of the DJI, NYA and SPX into the middle of this week, before trending back down, if the 1190/1200 area holds on the SPX. Of course, the Market is sending a mixed signal as usual, as of late. One must stay on ones toes...and I have no dogmatic positions in today's Market! Regards, LG