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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (22174)	8/5/1999 8:21:00 AM
From: Benkea	Read Replies (1) \| Respond to of 99985

updated nets vs. biotechs: decisionpoint.com

To: Haim R. Branisteanu who wrote (22174)	8/5/1999 8:42:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Haim, One way to look at it is that we are getting the bounces already, just intraday bounces. Yesterday the DOW was up 150 points intraday, but lost it all. Hey this may be all of bounce that we can get, however I am expecting that we have to at least get 1-2 positive close days, before the selling continues. Dont get me wrong, I am bearish just trying to play the ripples, but these ripples to the upside are getting real small and the ripples to the downside are turning into significant waves. Just looking for a little scalp to the upside for today and will be out today seeya