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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST

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To: Les H who wrote (63085)11/25/2000 10:14:08 AM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Less, Bernie is not a great stock market prognisticator. I followed his calls for several months and he was wrong.

I am not in the US now so I am not as familiar with sentiment and what the talking heads are BS' ing, but from a pure chart reading and P/C ration and political situation I think we are near the end, for the mere reason that certain price levels were hit and many stocks started to stabilize.

Also oil prices have peaked IMHO and it seems we are going into not so soft landing which is already priced into the market.

IMHO we may not see 25% to 35% yearly gains soon but more range bound action.

Haim
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