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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.58+0.3%Nov 5 4:00 PM EST

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To: Zeev Hed who wrote (43123)3/15/2000 2:48:00 PM
From: GTC Trader  Read Replies (1) of 99985
 
Zeev,

You seem quite bearish lately. Best to park 401K money in money markets for awhile, or leave in the equity funds and ride out the current drop?

I am able to move the money daily, if I want (I don't), but my only choices are equity funds, a corporate bond fund, and a money market fund.

As always, your input is greatly appreciated.

TIA -- HB

P.S. From the one-day chart, Nasdaq looked like it might be able to finish the day even if it could break above 4660, but it just dropped below 4640, so it looks like the H&S was negated.
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