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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: Boplicity who wrote (70225)	2/23/2001 10:46:40 AM
From: HairBall	Read Replies (3) of 99985

Gregory: I am amazed at folks calling for a NAZ Comp crash. Heck if it fell to zero, it could not fall as many points as it already has...<g> Time to get bearish on the NAZ was early Mar 2000. The NYSE Comp could provide some fireworks, but it has been trading pretty much sideways for years. Nothing wrong with being cautious by trend following, but me thinks the market is patting the mattress, looking for a medium-term low spot...<g> Regards, LG

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