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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: James F. Hopkins who wrote (46097)4/14/2000 9:09:00 AM
From: RocketMan  Read Replies (1) of 99985
 
I would hope those would be signs of a deflation bottom rather than a normal bottom, but maybe we will indeed see those. Looks like brokers are starting to get worried, their gurus may have overplayed their hand:

washingtonpost.com

Even analysts who say they believe the market will recover and tech stocks will continue to be good investments sounded less certain today, their bravado vanquished when the Nasdaq composite index, unable to hold its gains, plummeted in the last half-hour of trading.

If they didn't like yesterday's last half hour, wait until they see today's.
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