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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%4:00 PM EST

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To: dennis michael patterson who wrote (40291)2/14/2000 6:48:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
Dennis, trimtabs estimates a 40 billion dollar liquidity shortfall for 2000. that doesn't mean we have to crash...first of all these estimates may change, and secondly, if they are correct, a slow grind down is also a possible outcome.
i notice you're concentrating on very few stocks - perhaps you should broaden your horizon?
btw, i still see quite a few bullish chart patterns in the stocks i follow, and if they are to play out, the market should exhibit some more strength into expiration. note however the number of big cap stocks making fresh highs is diminishing ever more...the deterioration is getting worse, and the speculation has moved toward small cap and BB stocks. that's one of the reasons i believe we're getting closer to some kind of shake-out.

regards,

hb
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