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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: American Spirit who wrote (75772)4/23/2001 8:32:26 PM
From: s berg  Read Replies (3) of 99985
 
I was channel surfing the other day and learned that 1/6th of federal prisons are populated by people who grew marijuana plants. Yet, "Nazcrack" can be peddled here and elsewhere by analysts, brokers et al. without any legal consequences. Not fair. What else is one to make of the recent brief euphoric rally followed by today's mini-crash. If the market is mainly sentiment driven then the prognosis IMHO for addicts of this market is bleak indeed.

Mainly kidding, except to point out that even if the bull returns there is still something weird about extreme swings in sentiment, on a dime, without much real news.
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