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

To: Stcgg who wrote (41514)	2/27/2000 1:14:00 PM
From: James Strauss	Respond to of 99985

The Market... Changing of the Guard... *************************************** Right now the Nasdaq is positioning for the strong up move, I see it going at least to 5000 before everyone gets spooked by the parabolic rise.. Historically a speculative frenzy in the Nasdaq preceded a Bear market... But, that was before technology was as dominant in our economy as it is today... We may be seeing a "Changing of the Guard" from a NYSE based economy to a Nasdaq/NYSE based economy... With the evolution of Intel, Cisco, Microsoft, Yahoo, etc., we are seeing the Nasdaq more and more dominating investor's interest and decision to put money there instead of the old stogy Dinasaurs on the NYSE... Is this a fad or is it the changing of the guard??? I believe the latter is true... Jim