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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: James F. Hopkins who wrote (18141)6/22/1999 12:11:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Jim, before they get a second wind i feel they have to backtrack a bit; bullish sentiment has made a big comeback lately and needs to be wrung out some. the nutz indicator is very useful and i doubt this will change anytime soon. most of the parameters we currently employ to get a 'feel' for the market will likely only change if something about the market as a whole undergoes a major change. for instance a post-crash trading environment may be radically different from today's. until then i will continue to use financials,nutz and leaders such as MSFT to provide me with guidance for my expectations.

regards,

hb
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