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

To: HairBall who wrote (14340)	5/19/1999 12:03:00 PM
From: Compadre	Read Replies (1) \| Respond to of 99985

LG: You have to realize that I am talking strictly for the NAZ. I have no way to correlate the NAZ action to the transports. But If you can, please share your views. Reagrds, Jaime

To: HairBall who wrote (14340)	5/19/1999 12:19:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

LG, As a few have stated, this topping out process have gone nowhere for over a month starting with the second week of APRIL. However, I am getting mixed signals as to the size of the pullback, and for now I am leaning more towards a trading range of 4-7% rather than a huge pullback, as long as the interest rates do not get significantly above 6.0%. I am also specifically talking about the intermediate term until early JULY. For now I am playing the swings back and forth. I also remember how the some were saying how the bears missed out on the strong runup. OK, now how many are losing out on playing the recent swings in both directions. seeya