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

To: Lee Lichterman III who wrote (13117)	5/7/1999 10:31:00 AM
From: Lee Lichterman III	Respond to of 99985

Well it seems today will be a no brainer J6P day. Goldman will ensure that we close the week over 11K. The toughpart will be figuring out if there will be follow throughnext week or not. Already read that the Fed is expected to pump major liquidity inover the weekend and may even buy some bonds on the open market. Little mini selloff there exposed the DOW falling but techs staying up for the most part so more rotation to a limited extent? TYX falling steadily so far. hourly charts show interesting areas of 57.2, 56 and 55 even. Off to a day of meetings, good luck all. Lee