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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: HairBall who started this subject6/20/2001 6:24:08 PM
From: t2  Read Replies (1) of 99985
 
Good checklist for the bull case. I have focussed on the selling by mutual funds ahead of the quarter and oil prices as the keys.
This guys lists a lot of other reasons as well.

(realmoney.com)

Doug Kass
Positive Signs
6/20/01 3:12 PM ET

TEN POSITIVE SIGNS

1. General Electric leading the market.
2. Breadth improving.
3. Financials good across-the-board.
4. Possible sentiment extreme as measured by negativity in general, and panic in the high yield bond market.
5. Tech rallying despite vague rumors of an IBM eps shortfall, and continued negative news, especially in semi sector.
6. Oil prices falling.
7. AOL and EBAY leading Internet sector. (As Jay mentioned, EBAY breaking out of trading range).
8. Approaching quarter-end. Many stocks indiscriminately sold so as to show in portfolio at 6/30/01.
9. Long Bond yields stable.
10. No one believes the Market CAN rally.
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