MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.52

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To: John Madarasz who wrote (64016)	12/9/2000 12:00:32 PM
From: Haim R. Branisteanu	of 99985

John the market acts like a typical bear market, most of the real bubble stocks are below $5 or gave back 80% or more percent from their highs. Still energy prices are receeding and there is a slowdown. We are facing a P/E contraction and many stocks are starting to form bottoms. In such an environment it is worthwile to accumulate beaten down stock........ as we are in tax selling season.......remember this post? Message 13468456 ........ I was almost kicked out from SI for it <GGGG> BWDIK Haim

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