MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.57

+0.7%

Dec 10 4:00 PM EST

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To: HairBall who started this subject	10/29/2000 10:56:17 PM
From: gfs_1999	Read Replies (1) of 99985

Bull x Bears: The problem from news today is who is writing the article. This weekend I read a lot of bull and bear news so if a fund manager is shorting the market he will write scare lines with the same Bla ,Bla.... earnings elections,oil,Fed...... no new bad news! If a fund manager is bull he will write that we reached a bottom and a year end rally already started. So the better way to follow the market now is look for leaders (blue chips) breath, oil price,US$. So forget about old news and look more charts and key indices. Fundamentals now is not working we are in a short term trading period. Something will happen up or down. 50% x 50%. Regards GFS

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