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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.86

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To: t2 who wrote (76634)	5/8/2001 9:30:25 AM
From: Boplicity	Read Replies (2) of 99985

re:(of course, the bullish case looks better today than it did even last night) I find it somewhat important that DELL doesn't drop out of it's channel that it has developed. You have to remember that we are talking about the PC sector, while still important, the tech sector doesn't live or die by it like it used to. Still, since DELL was one of the first to recover, holding it's uptrend is a good sign. That said, we have the wedgie problem to get by, but if you cheat and lop off the last rally some, it would be an ascending triangle. <g> re: CSCO I did something I almost never do, buy a stock before earnings. I bought CSCO yesterday as a pure gamble. re: The Market I'm finding hard to believe the market is brushing of the productivity numbers this AM. Productivity gains have been one of the legs of the economy and the market for that matter. Having that leg removed will box the FED in. B

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