MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: bobby beara who wrote (40769)	2/19/2000 4:40:00 PM
From: Rarebird	Read Replies (4) of 99985

Bobby, the Dow has corrected 1500 points and the retail stocks and some of the old Industrial Stocks have taken an old-fashioned beating. Everyone now is expecting the Information Age Stocks to begin to roll over. I wonder. They just hit new highs this past Thursday. I don't see any damage in that sector to speak of yet. To be sure, when those stocks tank, you can start recording the new Beara Soundtrack and proclaim the end of the Bull Market.<ggg> Is the reason why the Nasdaq has held up better than the Dow and S&P merely on account of speculation or is there something more fundamental going on here? That is the Question.

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