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


To: Crimson Ghost who wrote (37746)1/21/2000 2:16:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
i agree with that. outperformance of the NAZ vs. the NDX is NOT a good sign, as it indicates that the market has become even MORE speculative in nature (as improbable as that sounds, LOL!)



To: Crimson Ghost who wrote (37746)1/21/2000 9:06:00 PM
From: NucTrader  Read Replies (2) | Respond to of 99985
 
>>as mo mo money moves from big techs to small techs. <<
Yeah! AMKR, IRF, PCMS to name a few.....Favors is predicting the NAZ to be OK for the short term, then to be faded by a staunch DOW till April or so, which will constitute a significant top. But will somebody PLEASE tell me what's going to lead the DOW (maybe energy)? Drugs? Banks? Cyclicals? Retail? Insurance companies? Reits? Steels? Airlines? Automotive? Many of these stocks, after showing some life have faded bigtime. What self respecting mo-mo player is going to own those stocks!?! Er, strike that last sentence......