MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: sandeep who wrote (43682)	3/20/2000 7:52:00 PM
From: bobby beara	Read Replies (1) of 99985

deep, the btk is roughly the same percentage above the 50 dma as the dot was at the april top, pdli rocket ship was even more extended, as many genome stocks were. All this tech "new economy" is crap, the new economy is the stock market and the delusions of the crowd that the nasdaq will double again in a year and take-over the dow is only a dream of stoopid spekulators The arbitrage between the overbought nasdaq and the oversold NYSE continues. The question is will the money rotate or leave altogether.

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