MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Zeev Hed who wrote (69349)	2/17/2001 2:24:33 AM
From: iod_sherwood	Read Replies (1) of 99985

my take is we bleed and leak down to 1800 this time, with much smaller and more disappointing rallies... there's a key driver in early March that will induce a slew of warnings i think... kind of keeping this to myself for now... because i still need to fully confirm/establish the links... but as we go on from here... rallies will get weaker in tech as the dip buyers get punished more... 1800 to maybe 2400 will be our new play range... how long that lasts... 3months... 6months... years... seems to be the unknown for now... nice to see valuations come down... and respect for the fundies... good luck ;)

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