MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

4:00 PM EST

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To: JRI who wrote (66224)	1/8/2001 12:37:21 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

My read of the market is that those who wanted to sell sold all they wanted under the present anticipated environment and most of the buys were done during last week. The bigger players are trying ot asses the new environment and how to relate to upcoming earnings. AA is far from indicating a recession, I also venture to speculate that we may have witnessed a 1987 style stock market crash over the last 2 to 3 months and main street is going about it's business but again I can be dead wrong. I bring this issue up as I only saw comparison to 1929 and Tokyo 1989. BWDIK Haim

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