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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%Nov 26 4:00 PM EST
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To: Haim R. Branisteanu who wrote (72767)3/19/2001 9:36:26 PM
From: bobby beara  Read Replies (1) of 99985
 
Haim, we have something of a reverse of last jan-march, with the street in love with old eco stocks and hate new eco stocks,

do we get that level of bifurcation, i don't think so, but i think the markets could take the spx back at least to half the drop from the fed top in late jan, which would be spx pivot around the december low, which would be a 50% give back on the drive down from the fed meeting.
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