MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: John Madarasz who wrote (64065)	12/9/2000 11:21:49 PM
From: Hector	Read Replies (1) of 99985

I'm neither at the moment, since I'm hedged with a slight bias on the short side. I believe the next couple of months should be OK with the bear market resuming in the spring of next year. Based on what I've seen over the last few days, it's obvious that the wild speculative juices in the market are alive and well. I'd be careful with the COT report. Don't be surprised if the next one doesn't show a reversal of the net short positions?

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