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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: James F. Hopkins who wrote (64691)	12/19/2000 5:54:03 PM
From: sandeep	Read Replies (3) of 99985

James, you are absolutely correct. There is something seriously wrong with the market. I think the problem is that everyone has realized that we are deaccelerating too fast. When companies like MSFT start missing numbers, things are pretty bad. The market needs HOPE that the economy will turn around. That hope doesn't exist right now. The market now believes that by Jan end, it will be too late to do anything.

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