MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: bobby beara who wrote (71598)	3/9/2001 7:22:48 PM
From: jmootx	Read Replies (1) of 99985

Sure enough That for one I am not long any tech, and the money leaving tech is heading to the broad market. I see better profits in the next month being long the broad market and shorts will find less downside in the coming weeks on NASDAQ. How much has anyone made shorting Intel lately. If scalping 2-3 points is your trading style then sure that will work. Like pounding on Cisco at 24 was a good move. This latest warning just confirms that the big money wants to window dress with value stocks in the coming weeks. That is exactly what happened to healthcare and energy in December. They both spiked like mad the last two weeks of that month.

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