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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.27-0.5%Dec 1 4:00 PM EST

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To: Eurobum1 who wrote (72489)3/17/2001 5:06:47 PM
From: Ted Downs  Read Replies (3) of 99985
 
We might have a technical bounce next Monday and Tuesday. I will buy on the dip
Monday and go to cash on Tuesday again.


I don't know what you're basing this on but I'd have to disagree with your assumptions. Actually I feel we could have a very black Monday followed by a Tuesday that sells off again in the PM due to only a 50 basis point cut. In closing I hope your right and I'm wrong. Perhaps I've lost ny irrational exhuberance thanks to Alan Greenspan.
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