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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%4:00 PM EST

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To: Les H who wrote (62964)11/22/2000 7:01:35 PM
From: Rob S.  Read Replies (2) of 99985
 
The bloated NASDAQ needs to hit 2350 to shake out the excesses and set the stage for a rally imo. Few are convinced in their guts that the NAS is cheap. There are still too many high P/E pigs left and too much optimism yet to burn off.
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