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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: High-Tech East who wrote (75505)4/19/2001 3:37:28 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Ken, regardless if you are right or wrong I see this market as a casino with one group of people betting in one direction and the houses doing every thing to make them lose money, not all as they want they should come for more.

The days of fundamental analysis and investing are long over, and momentum investing took over those manipulator had the best returns in the last several years IMHO.

Presently they will take in as much as they can. The fact is that all the CEO's in High Tech, WS or FED did not anticipate the comming earning recession only six months ago.

As such they are just trend follower in everything no smarts needed there.

Haim
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