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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.510.0%Jan 8 4:00 PM EST

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To: t2 who wrote (79302)6/30/2001 10:30:00 PM
From: Boplicity  Read Replies (3) of 99985
 
ha ya nv. It nice when we are right. I'm still in the following frame of mind. The market will base till we get news about earnings turning around. All the big anticipation is priced in now. Now we wait for the companies to come through or not. Frankly I believe it will take till the end of q1 2002 for any earnings turn around with hints into the 4th qr of this year of said turn around. So a market Good for traders. .25 reduction was perfect, just what the market needed while it enters into the wait and see mode.

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