MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.48

+0.3%

Nov 5 4:00 PM EST

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To: GROUND ZERO™ who wrote (61788)	11/3/2000 1:51:51 AM
From: $Mogul	Read Replies (3) of 99985

My view is very differen't.... I think the Nasdaq has alot more to shed, and that complacency is rabid. Mkt caps are still obsene..... the block trades in teh QQQ today which can be read on the QQQ news wire, were sells..it ws very weak today. I think many that think we will see new highs thsi year are highly delusional. I would of liked to have seen more Compx chart and indicator talk tonight. Nas looks overbought at this point.

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