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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: pater tenebrarum who wrote (49474)5/6/2000 12:30:00 PM
From: GTC Trader  Read Replies (1) of 99985
 
<< this is why i'm telling everyone to avoid the bank stocks >>

If the turnips speak the truth, the market as a whole may be in for a nasty spill over the next two weeks.

I see that the BKX index is already down ~ 10% from its recent high of 850, and if 750 doesn't hold, a quick drop to 650 or even 600 seems likely.

Do you have any particular bank stocks that you think would be good short candidates over the next few weeks?

Any input appreciated.

TIA -- HB
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