MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.10

0.0%

Jan 23 4:00 PM EST

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To: t2 who wrote (76518)	5/4/2001 1:50:52 PM
From: American Spirit	Read Replies (1) of 99985

Buying puts Weds was okay but is he covering now? LOL All my morning buys buy laggart HWP are up. But once a tech rally-back in confirmed they'll all pop. Telco sector looking strong. -- My whole argument has been that with Fed cuts and a probably recovery in the 4th quarter, you'd best be mainly long though you can certainly play the dips. Call it bull or bear or whatever you like, but 2150 held and next 2250 will hold. I still see possibly 2450 within ten days assuming Fed cut frenzy begins in earnest again.

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