MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

+1.6%

4:00 PM EST

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To: Secret_Agent_Man who wrote (47045)	4/17/2000 6:47:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

sure, it's possible...but i think the technical damage in the NAZ has been so great that it will take a long time to repair it, and rallies are probably for selling. contrary to what i have heard some analysts say today, i don't think we have really seen capitulation yet...the volume wasn't big enough for that. re. the vested interests that are trying to keep the market afloat, if a true trend change has occurred, they will fail. regards, hb

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