MDA - Market Direction Analysis Message Board

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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: Temple Williams who wrote (76554)	5/6/2001 12:01:04 AM
From: JRI	Read Replies (1) of 99985

Temple, COTs decreased SnP shorts, but increased COMPX shorts....also, Louis Navillier said the other day he thought the rally to date was primarily juiced by short-squeezing...but that that is about over....and since most companies have no visibility, and earnings won't be turning for a while....Louis says a lot of fluff has to drop back down to lower levels... How are stocks like AMCC going to go to 35 or 40 in this environment...the fact that companies like CMGI are up 500% in a month or so....doesn't that make you think that we just getting back to old speculative froth (bad) habits?

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