MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

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Nov 12 4:00 PM EST

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To: Gersh Avery who wrote (53038)	6/4/2000 11:00:00 PM
From: American Spirit	Read Replies (1) of 99985

Why is everyone so bearish? Nikkei and Hang Seng both rallying 2.4 - 3.6%. Sure the US markets may go down tomorrow. But there are still a huge amount of money on the sidelines waiting for re-entry. Any downdraft will be met with renewed buying I'd guess. I admit soem high-fliers will meet with profit-taking but others won't. Telcos should do great this week. Later.

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