MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

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4:00 PM EST

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To: Zeev Hed who wrote (68097)	1/31/2001 9:55:23 AM
From: KevinMark	Read Replies (1) of 99985

Zeev, this so called sell-off that everyone is preaching is not going to be as bad as everyone thinks. In fact, it wouldn't surprise me to see the markets dip for 15 minutes then head higher on the news, unless he only lowers by 25 basis points. I expect the selling will be bought in the next few days. Money in the know loaded the boat on CSCO the other day @ 36. Therefore, if CSCO doesn't break 36 to the downside, we are only going higher after a brief 1 1/2 day sell-off. AMAT warned last night and it's only down 3% today, that's says it all. KM

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