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


To: NucTrader who wrote (44157)3/26/2000 4:18:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 99985
 
Nuc

nope no nothing about this..but..here's my best guess..

we rally hard to all time new highs by late Apr early May...

large type correction will insue there in front of the FOMC like 20% NAZ....what ever the lows will be then, will be another great buying opportunity, but for how long and where will we go is another story for another time...

i really do not predict..i follow my indicators and they are all looking very strong, and from very low levels...

as the window dressing ends for the quarter this week, there will be alot of stock switching here..not pure selling , but rotational stuff, repositioning for the next best run in to another banner earnings season..

the SEMIS will lead the charge...

regards and good luck OJ...

ps..i rarely hold a stock that has run up in anticipation of good earnings...i sell the day before...they always sell the news...