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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.70

-0.3%

Dec 8 4:00 PM EST

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To: KevinMark who wrote (65715)	1/3/2001 3:50:40 PM
From: eichler	Read Replies (3) of 99985

Maybe. Maybe not. If the $compx takes out the 2750 level on a closing basis, breaking it's downtrend line, then I would say the odds of not re-visiting current lows for some time is great. You could be right. Certainly some upside is overdue. I just wonder, why NOW a bottom? Because the Fed lowered? That's it? End of story? Geeez, is it really that simple???? Not convinced. (yet) gg Eichler

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