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

To: John Pitera who wrote (11151)	4/15/1999 5:44:00 PM
From: donald sew	Respond to of 99985

John, I only know one old-timer, and this one is pretty good with cyber trading and I respect his opinion. He is still bullish and has been playing the nets, and alot more aggressive than I am and has done well in this runup. So he does know something, although hes not that great at calling short-term tops. I dont know if he is going to follow his own advice though. gggggggggg seeya

To: John Pitera who wrote (11151)	4/15/1999 7:18:00 PM
From: Les H	Read Replies (2) \| Respond to of 99985

The DOT index was off 25% from its 52-week high intraday. At the end of the day, it closed down about 18% from the high. Once the internet "earnings" season is behind, worse will come. The Securities Broker/Dealer (XBD) index is now off 14% from its 52-week high. This is usually an industry group that is coincident with the market. The Dow Jones Utilities index has been written about ad nauseum since it has broken down a couple months ago. It behaved better today in light of the market recovery.