MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 684.45

+0.1%

4:00 PM EST

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To: Eski who wrote (56634)	7/15/2000 1:27:07 PM
From: kami	of 99985

Eski.. that is exactly when market changes its direction: " Everyone getting so bullish time to sell" or " Everyone getting so bearish time to buy". I underline word "SO". This rally has started for earning season and will end surprisingly with one major stock earning like INTC,MSFT, etc. Most tech prices are inflated again during this run. Analysts are excited again and placing unblievable target prices...and remember the same analysts were talking and warning high P/E's and bubbles in Feb-April. The game is simple: accumulation and distribution this may happen anytime NAZ 3000 or NAZ 6000.

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