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To: Lizzie Tudor who wrote (35478)2/24/1999 10:51:00 PM
From: Les H  Respond to of 67261
 
I usually post and read on the MDA (Market Direction Analysis) thread regarding the market. Today, the big cap techs (top 15-20 Nasdaq stocks) were hit the worst, down almost a collective 5%. The interest rate yield hit 5.5%. The correction still has a little further to run till perhaps mid-March. Then they may have another run before the next earnings reports in April. From that point, just call me pessimistic.

You can look at the OTX index (Nasdaq Most Active Stocks) for the leadership stocks. It consists of ASND, COMS, CSCO, DELL, NOVL, MSFT, AMAT, AMGN, INTC, ORCL, QNTM, SUNW, TCOMA, and WCOM.