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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST
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To: pater tenebrarum who wrote (52103)5/25/2000 4:44:00 PM
From: Crimson Ghost  Read Replies (2) of 99985
 
Heinz:

Real bear markets always crush the financials. Usually early. Their ability to hold up until know has been a key reason why some smart people have refused to call this a bear. But now they will have to change their tune. And that will add to selling pressure.

BTW, Richard Russell says this market will not be able to mount a sustainable rally until the Dow makes a new low. (under 9700 I think)
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