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

To: Michael Watkins who wrote (39952)	2/12/2000 12:12:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

Michael, Im not totally sure that this is the all-time top, but it is an important top. Subjectively, there is still alot of complacency, which could either be fuel for a huge selloff or fuel of another strong upswing. Im just not sure. However, I dont think the strong selling is over yet, although we should see some sort of a weak bounce next week. Its interesting to note how many are almost totally ignoring the fact that the DOW has dropped 1300 points, since they feel that the HiTechs will be able to carry the market and is now the market. Im not sure that is the wisest thing to believe. Heck, time will tell. seeya