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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%Nov 12 4:00 PM EST

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To: bobby beara who wrote (56877)7/20/2000 10:51:42 AM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
BB, from the graph supplied it seems to me that tossing a coin will have similar results.

I think the VIX and sentiment if you get an accurate handle on it is more accurate.

Strange how this market went GAGA today and IBM rose 13% from yesterday lows for Y over Y negative results. So now IBM is at last year levels even with negative earnings growth!!

Oh well if compared to INTC, MSFT, CSCO or SUNW then IBM is dirty cheap <GGGGG> go figure the reasoning of this market.

Haim
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