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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: James Strauss who wrote (56446)7/12/2000 10:10:07 AM
From: el paradisio  Read Replies (1) of 99985
 
James,a positive breadth,agree.YHOO can go to 140 and will drive up the internet stocks....
but,I am a little disappointed....if YHOO is almost 12% up and the NAZ only marginally up,it means that no much upside.
I expected something better....internets were taking this market up since 1998 and internets should take it up now....
biorechs and networks are on the top,what else can drive us up?
Looks,like a short covering rally for now,but this can transform to the next leg up....I am not sure yet.
Regards,el
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