MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 675.24

-1.2%

Nov 4 4:00 PM EST

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To: Crimson Ghost who wrote (64928)	12/21/2000 3:05:25 PM
From: zamboz	Read Replies (1) of 99985

Agreed. A week ago, I was fixated on CSCO breaking down. Nothing much left in the NAZ now that hasn't been taken to the woodshed. When the rally started this AM, I checked KO, GE, FNM, and BA in the DOW. Some damage on GE recently, but not a shellacking. Others have no damage. KO has a PE of 70. DOW needs to fall hard below 10,000. Put/call ratio won't top 1 decisively until this happens. Maybe after the Grinch steals Christmas.

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