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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: Haim R. Branisteanu who wrote (75467)4/19/2001 11:02:17 AM
From: Stephen M. DeMoss  Read Replies (2) of 99985
 
Haim, Are we to believe that this rally is for real? That everything is now okay and we re-buy Chkp at 75, Ibm at 115, Cien at 65 etc? No more worries? Worst is over? It is hard for me to believe it after all Csco said and many others. Earnings are slowing greatly, inventory issues abound, but we are to run these stocks back up? I actually am more long than I am short and am very cautious. It makes no sense to be moving up this unashamedly<G>. Thoughts? Steve D.
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