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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST

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To: HairBall who wrote (41903)3/1/2000 1:48:00 PM
From: double-plus-good  Read Replies (1) of 99985
 
Lg,

it appears that we are preparing for some kind of blast off of final proportions. The degree of speculation and hyper-speed verticality in certain sectors and stocks suggests to me that the only way for it to go out is with a nitrous blast off and nuclear intraday reversal. Its a nation of chart readers and day traders and there are folks in the know IMO who are continually cooking the charts. The result appears to be never-ending bullishness and a dislocation of the most profound kind.

the situation has passed from the absurd to disgusting; history is unfolding in front of us and its a lesson i hope that will be remembered for generations.

i am seriously considering selling everything and forgetting about this noxious event.

++
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