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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: TWICK who wrote (80856)7/25/2001 1:40:23 AM
From: Berney  Read Replies (2) of 99985
 
Very nice observations!

Brutal chart paterns lead to the obvious question of why bother to even attempt to catch the falling knife? It would seem to me that the tax loss selling that is going to hit this year is going to be brutal.

On the entertaining side of the equation is that it is hard to see how anyone that bought any of these companies in the reasonable past can possible make a profit selling at these decision points. That said, why does the selling continue?

Berney
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