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: majaman1978 who wrote (65092)	12/23/2000 11:30:56 AM
From: Mike M	Read Replies (3) of 99985

That is one theory. Another is that the money will again shift from one index to another. Techs are oversold and bleeding. Heck, many have become value plays. The FED is going to lower rates and the inverted yield curve is going away. We may even see the Dow stocks slide to the bottom of their channel (what is that 7900?) as the NAZ holds well above 2100... Don't tell me those Baby Boomer 401K's are finished or that Social Security Investments, if implemented someday, won't force these markets much higher. I appreciate the incredible bearish sentiment on this thread. If this was as easy as some seem to think we would all make money.

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