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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: eichler who wrote (64981)12/21/2000 8:46:40 PM
From: Casaubon  Read Replies (2) of 99985
 
those bearish rising wedgies, into gap resistance, in the biotech generals are fulfilling their destiny <ggg>

I guess once those get butchered some more the bottom will be in since they are the last holdouts of the tech mania. I tried to stay long the NDX, from last night, with a smallish position in my 401K but, I puked it up at the end of the day. I cut it too close to the end of the day to take off my SPX position in the 401K. Maybe we will get the rally going as LG and Sew and BB insinuate.

When will I ever see another cup and handle pattern??? I just could not play the one in SLM!!! Yeah, there's a real innovative company, right?!
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