SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Michael Watkins who wrote (41943)3/1/2000 8:10:00 PM
From: shasta23  Respond to of 99985
 
Mike!

You said:Just skimming through posts I think we either have a bottom or a top happening

Well, couldn't it be both? A top in the NAZ(maybe for a few days) and a bottom in the DJ30/SPX! It would be so convenient to rotate the money back into the beaten down ones and i can already see the headlines: Profit taking in Techs,Investors went bargain hunting in beaten down blue chips etc blah blah... THAT MY GUESS!
But then again it lately always has been that the Dow pulls up the NAZ but the NAZ not the DOW, which means the DOW goes up but the NAZ goes higher...DOWN??NEVER!!

Stefan



To: Michael Watkins who wrote (41943)3/1/2000 8:25:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Mike, it looks like the nasdaq broke out of the inverted pattern i mentioned, the ndx lagged today, will be watching, sunw, csco, qcom and msft too see if they join in the fun.

b