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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.85

-0.4%

Dec 29 4:00 PM EST

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To: Davy Crockett who wrote (76666)	5/8/2001 4:32:12 PM
From: Boplicity	Read Replies (1) of 99985

re: Where or when do you think trends start? At an infection points. We started a bullish trend off the April low, right after CSCO cleared the slate with their massive inventory write down. You can see them start after a base then break out, high vol. or/and a gap higher. Trend reversal can be seen with a high vol. blow up or down depending on the primary trend at the time. B what to make of CSCO earnings??? more inventory, is it bad or good, did they see valued in what they had and decided to keep it or are they still, of all silly things, build it up?

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