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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 693.93+0.5%4:00 PM EST

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To: John Rowton who wrote (63568)12/2/2000 8:41:15 PM
From: Logain Ablar  Read Replies (1) of 99985
 
John:

It doesn't have to be a V bottom but if its not a V bottom then its a long slow grind and a long base. Unfortunately the grind continues with occasional bear rallies (and if the rally is not off a v bottom it should be sold).

The problem with the bull attitude (I'm in this category) is they have been trained in the previous 8 years and it has been difficult to adapt to the bear trend.

Tim
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