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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: eichler who wrote (77522)5/29/2001 10:50:47 AM
From: t2  Read Replies (2) of 99985
 
Seems to be a lot of bearish sentiment today. I also feel nervous about the market right now. Others are talking about profit warnings, trading range etc..
Put/Call ratio has increased a bit as well.

Wonder if that is some contrarian indicator.<g>
It seems that way to me as I started feeling that I should have dumped my positions Friday.
Now decided that my caution means the market is not going to drop significantly and therefore no reason to get out of long positions. ("hope" i am right)
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