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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.56-2.0%Jan 20 4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (54081)6/14/2000 3:55:00 PM
From: Box-By-The-Riviera™  Read Replies (1) of 99985
 
Haim,
I would add on those you asked about... a year ago or during those lows...had you stayed short on the idea of a bear market... you would have lost a lot of money...but I also recall the street came to the rescue of many of them...while at the same time...as they (those companies continued to report bad news).. their prices began to rise.... a classic sign their "bear" was coming to an end.... however, now that they have returned to their lows....that asks several new questions.

if these are an indicator then.... are you suggesting their next moves will tell us where we may be going?

J
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