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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 676.41+0.7%4:00 PM EST

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To: Benkea who wrote (60319)10/10/2000 11:16:04 PM
From: Boplicity  Read Replies (1) of 99985
 
I god please, not that. Frankly, I do feel we will enter into a declining amplitude saw tooth formation for around 5 to 8 month, while we sort it all out, till the fed lowers or we really drop. I don't think 2,800 will do it since everyone expects that, it will have to go lower. CSCO PE has to drop to 50 etc etc. by the way GE could be making a double top.

greg

hmmm my first post in many moons on this thread, a sure indicator of a short term bottom.
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