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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: bobby beara who wrote (78115)6/6/2001 10:23:42 PM
From: t2   of 99985
 
bobby, What is your thought on direction near term, leading into expiration of options. I recall you had a negative bias on the Nasdaq. I am negative on the networkers (or less positive) and still positive on the rest of the Nasdaq.

Apart from the charts, the Intel story night is being played as a critical event...I don't think it is going to be that important because there has been too much buildup to it...negative and positive analysts every day.
If it is negative, don't expect it to move the market much lower. If it is positive, market shoots up.
It is just the Nasdaq market of today.
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