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


To: donald sew who wrote (13058)5/6/1999 2:58:00 PM
From: Sonny Blue  Read Replies (2) | Respond to of 99985
 
>> maybe at the 5.7% range which is good for the market.<<

It's the trend of the bonds yield that is worrisome. When it breaks out like this, you just don't know where it is going to stop rising. If rate goes 6%, stocks will need to correct to at least 10% to make most of asset allocation models balanced.

Price actions in CSCO, MSFT, GE, AOL, DELL, YHOO, AMZN are telling me that the worst has not yet to come. The big boys are leaving the dance floor, as they used to say.



To: donald sew who wrote (13058)5/6/1999 4:06:00 PM
From: r.edwards  Respond to of 99985
 
BLS statistics on unemployment are economic bable, I,ve been so busy making money in CNDS and MEXP, I haven't had time to get ready to take an OEX position, but its so hard to technically analyze the direction with this many non reocurring investment phoenomena taking place simultaneously..........