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

To: Sultan who wrote (39813)	2/11/2000 3:16:00 PM
From: Michael Watkins	Read Replies (2) \| Respond to of 99985

Sultan I've been very cautious as you know.. things have gelled together so well since I started sending out my cautionary notes via email... the Nas gap up made me look a bit silly perhaps to some, but I saw it as the perfect defining event - gaps are great because we will know one way or another.... THis still could be the event of the season for a buy... but what? Will money flood the unloved SP stocks and depart the Nas? Maybe, but that in itself will cause a major market meltdown. You know I've been cautious for a long while, but never this cautious... Play safe!