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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.28-0.5%4:00 PM EST
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To: DukeCrow who wrote (65876)1/4/2001 8:54:50 PM
From: Boplicity  Read Replies (2) of 99985
 
All that doesn't matter short term, the FED cut again. We have window of Teflon like conditions. Long term, fundies always matter. Shorting now is like the flips side of the top when moms in kitchen were believing they were pro's and were in denial as there gains went right down the kitchen sink. People that are shorting now are living off of scraps left over from the bears that got it long, long ago, and have left realizing one truism, You Don't fight the Fed.

Greg
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