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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.86-0.4%Dec 29 4:00 PM EST
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To: Zeev Hed who wrote (69918)2/21/2001 6:05:48 PM
From: megazoo  Read Replies (1) of 99985
 
<In the afternoon selling today, the tick managed to get to -957, getting very very close>

You say we are getting very close to a solid bottom (i know your 'real bottom' is at 1900), but are we up for a 400/500 point rally and then lower lows, or are we establishing a bottom for a year or so. if i am not mistaken your 1900 low does not come until your scenario in '02 when the Feds start tightening again).

Are you surprised by Rambus's strength (so far).

Thanks in advance
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