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

To: bobby beara who wrote (12998)	5/6/1999 12:36:00 AM
From: StockOperator	Read Replies (1) \| Respond to of 99985

bobby, I am excited but still cautious. There is still damage that needs to be repaired. Right now I am watching as the bricks are being put into place. What happens the rest of the week I think will be very critical. If you look at a weekly chart for the general's in the NUTZ group they have been closing lower on a weekly basis so I would expect to see a reversal here first. Plus I do believe they will not all make these huge moves in tandem. Stocks like PCLN should be way ahead of the curve. Some of the others like INKT, NSOL even YHOO may set themselves up for bigger moves next month. So I think we will get a chance to trade in and out of them. Let me just say this one more time for the benefit of anyone reading this. The employment data could very well change this scenario completely - so be patient and cautious. Don't let your greed get the best of you. Good luck trading. SO