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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.72+0.7%Jan 5 4:00 PM EST

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To: Doug who wrote (71138)3/3/2001 6:03:55 PM
From: jmootx   of 99985
 
Doug

that is very close to what i believe as well. The Fed will ultimately disappoint large cap holders as he keeps money tight after March--one reason I believe any rally will be hurt by the Fed. As mid-cap portfolio managers out preform going now into the second year they will eventually lead a mixed news market. One that has rallies off oversold conditions, then sell offs on bad economic and Fed news. The bad economic news will be related to 2% growth being too slow for CSCO's PE, Japan's continued spiral, and the like. That is my take. I am focusing on 2-8 billion market caps broadly across some tech, energy, and strong retailers like ANF.
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