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


To: Gary Burton who wrote (40460)2/16/2000 7:53:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
Gary:

To me the key is the NAZ. I will turn quite bullish on the rest of the market when the NAZ bubble breaks. So many stocks being dumped now at firesale prices to buy incredibly overpriced NAZ "sure things".

Today Fleckenstein reports that a key indicator of selling pressure in the broad market(I forget the name) is at its highest reading in 67 years. The potential exists for a huge rally in the value sectors when people stop dumping them for NAZ "darlings".