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

To: Monty Lenard who wrote (5608)	2/7/1999 8:47:00 AM
From: HairBall	Respond to of 99985

Monty: Yeah, you be the catalyst my man...<g> Hotmail down for the sixth day...I think...way to go Microsoft...so many down days I have lost count! Regards, LG

To: Monty Lenard who wrote (5608)	2/7/1999 9:27:00 AM
From: James F. Hopkins	Read Replies (3) \| Respond to of 99985

Monty; Just picked this up, don't know what to make of it. DOW 10K PROBLEM LOOMS LARGE While companies are spending millions to solve their Y2K problems, another potential computer glitch is creeping ever closer -- the Dow 10,000 problem. As the Dow Jones industrial average nears 10,000 (it closed Wednesday at 9366.81), some analysts are predicting waves of computer-directed "stop-loss" selling as some older financial software is tricked into thinking the Dow has crashed to 1000. Most of the larger financial firms have fixed their software, but some smaller firms and brokerages probably haven't made all the necessary adjustments, says a Gartner Group analyst, who says the worst-case scenario would be a mistake in the index cascading through an Internet-based or automatic trading system, thus interfering with things like stock index futures. (Investor's Business Daily 4 Feb 99) ---------------------- Jim