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


To: fedhead who wrote (42865)3/13/2000 9:05:00 PM
From: Square_Dealings  Respond to of 99985
 
<<As long as the money stays within the stock market the NAZDAQ will be fine. >>

To me it seems like funds are working with less and less. Sell the DOW to buy the NAZ. Now its sell the NAZ to buy the DOW.

Trying to squeeze the last bit out of the remaining available funds imo. The market seems like one big program trade again and it was entertaining today to see em squeeze in a + close on the DOW. You could feel em sweating to get that in.

M.



To: fedhead who wrote (42865)3/13/2000 9:18:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 99985
 
>I also see some of the older leaders like EBAY, PCLN, INTC which haven't
>particpated in the NAZDAQ run gather steam.

Haven't participated? Ebay has gone up 50% in the last 2 weeks, PCLN has doubled in the last month, and INTC is up over 100% in 12 months.