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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.100.0%4:00 PM EST

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To: Boplicity who wrote (81047)7/31/2001 9:09:59 AM
From: mishedlo  Read Replies (3) of 99985
 
Greg, you keep saying firm bottom.
On what. MSFT perhaps.
JNPR BEAS JDSU etc etc etc making 52 week lows.
Other stuff gave back 2/3 3/4 of april gains.
Only thing holding this market up is the non-Naz trending stuff (but is now really a good time to buy that stuff), also MSFT, and CSCO for whatever reason-but most likely just to keep the index up.

Now you seem to have shifted gears, pointing to a "firm" bottom on the index, when you really like to pick individual stocks. I see no "firm" bottom on most stocks, if we keep seeing lower lows.

M
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