MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (39731)	2/11/2000 9:48:00 AM
From: bearshark	Read Replies (2) of 99985

GZ: There appears to be a belief that if the NASDAQ moves up and consolidates then the INDU will move up. I am of the simple opinion that the NYSE, INDU, and TRAN are the leading indexes. I know it sounds a bid old and stodgy but so am I. In my opinion, the bear market has commenced. If I am right, the secondary market--Nasdaq--will reach the same conclusion. Maybe for starters, a 10 percent one-day down move.

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