MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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4:00 PM EST

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To: Les H who wrote (42942)	3/14/2000 2:25:00 PM
From: fedhead	Read Replies (5) of 99985

Geez we have a couple of days of profit taking and people are talking about bear markets. NAZDAQ could correct 20 % and still be in an uptrend. I see a few months of choppiness followed by a resumption of the uptrend like in 1994. The earnings story is too powerful to ignore. I see the NAZDAQ hitting 10000 in 3 years on the backs of ARBA, CMRC, PHCM , BRCD, BVSN , INKT, VRSN, JDSU, QCOMetc. Note these names, these are the MSFTs, CSCO, INTCs of tomorrow. Anindo

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