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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: bobby beara who wrote (71796)	3/11/2001 11:22:13 PM
From: stockman_scott	Read Replies (1) of 99985

<<expect the mark-down phase to overshoot, just like the mark-up phase overshot to the upside.>> IMO, the 'markdown phase' has ALREADY overshot....we have clearly seen an OVERcorrection and tech firms with strong business models will come back. There are a number of things that could trigger the rebound. Shorting at this stage of the game is risky...JMHO. Best Regards, Scott

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