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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST

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To: Archie Meeties who wrote (50011)5/9/2000 6:10:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
that's true. i think we will most definitely see another rally attempt in the early going. whether it will hold is a different cup of tea. i'm a lot less certain about that. imo it keeps coming back to the issue of extremely low cash-to-assets ratios at the mutual funds combined with a speeding up of insider selling due to expiring lock-ups. the market keeps on fighting a flood of paper. as long as that is the case, rallies should be sold or shorted imo.
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