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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST

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To: t2 who wrote (75232)4/17/2001 10:05:10 PM
From: bobby beara  Read Replies (1) of 99985
 
.and any short should have realized that such a bad profit warning from Cisco and the Nasdaq goes up is telling people something.>>>>

exactly, EXACTLY, any dumb-a**ed bear who didn't pay attention to todays market reaction to extreme negative news deserves to get their clock cleaned.

this is a momentum market, and i believe there are as many shorts trapped at 1600, as there were longs trapped at 5000,

has nothing to do with fundamentals.
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