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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 686.96-0.1%Dec 30 4:00 PM EST

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To: el paradisio who wrote (53300)6/7/2000 6:28:00 PM
From: Stephen  Read Replies (1) of 99985
 
el p, life's uncertain... but sentiment is bullish - and afterhours is refelcting that so I'm certainly not forgeting it. There have been lots of chances to sell off the market - and each time there have been buyers waiting.... at least for the stocks I follow in techland. GE was going-up when everything else was weak - it was treated as a 'safe-haven' during uncertain times. Some of that money is now being reallocated... so you can expect some weakness .. imho ... fwiw. Same with NYSE - the safe-haven defensive stocks are are having some money re-allocated out of them to techs. At the end of the day, its not what one see's, its finding the rationale to explain it - and thats mine ... GG!!

Stephen




Stephen
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