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

To: Michael Watkins who wrote (43088)	3/16/2000 1:55:00 PM
From: Sultan	Read Replies (1) \| Respond to of 99985

Ok Michael. I have been slapped around, sobered up. Nothing like 15% decline in three days to shake things up. But DOW is going up in a way that is hard to understand since it seems interest concerns are no longer primary focus but valuation is, as it was hard to fathom valuation of some Nasdaq and TSE tech stocks... So where do go from here.. Do you subscribe to the theory that now the markets will broaden out to include tech and non tech alike and go higher.. Personally, hard to believe that because that should probably give a bigger headache to Mr. G... Or are you still maintaining a tactical posture...