MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Crimson Ghost who wrote (46250)	4/14/2000 3:01:00 PM
From: Casaubon	Read Replies (1) of 99985

I disagree. To me, this implies strength and the market is not a "bubble". I do believe many internet stocks were in bubbles (and then later the biotechs joined in) and most of the market was overbought but, I think most of the xs has been wrung out. Now, if we could only get a capitulation day. I am close to throwing my 401K back in the mix.

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