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

To: donald sew who wrote (12690)	5/3/1999 11:20:00 AM
From: Lee Lichterman III	Respond to of 99985

Well my luck ran as usual. After the pit lost my chance at a 50% gain Friday, just dumped my puts at a slight loss. I see a inverted H&S formation on both the S&P and DOW charts intra day. I think that despite common sense they are going to float this baby up. Reason? Who knows. Goldman IPO, the new Paradigm, jst want to hit 11K to prove the doomsdayers wrong. I can't fight them. Will add my position back when this rally runs low on steam again. EDIT - The H&S I refer to started onthe DOW around 1300 Friday and completed a bout a half hour ago. The S&P is more vague but around the same time frames. They project 1350+ S&P and 11000 DOW Good Luck, Off to work I go. Lee