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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.490.0%Jan 8 4:00 PM EST

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To: mishedlo who wrote (80523)7/19/2001 12:47:10 PM
From: eichler  Read Replies (1) of 99985
 
<I really do not understand the bull case at all.>
For me, it's a chart thing....direction, support, resistance,
fibs, trendlines......
Also, Rydex fund numbers indicate bullish environment ripe for a rally.
Who knows exactly how and why a rally would ignite.....I just follow the chart.
You may be correct, and you have been playing it well.
Ecomonic fundamentals stink, we all know that.
But rallies have lives of their own, apart from the fundies...
Just trying to go with the flow...
Regards,
Eichler
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