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


To: dennis michael patterson who wrote (44322)3/29/2000 3:29:00 PM
From: Fun-da-Mental#1  Read Replies (1) | Respond to of 99985
 
Time to buy the dip? I just caught the wave in energy stocks, but I'm still leery of the Nasdaq. -FDM



To: dennis michael patterson who wrote (44322)3/29/2000 4:25:00 PM
From: Benkea  Read Replies (2) | Respond to of 99985
 
dmp:

"Looks like a bottom in tech around 1:30-2 today"

Your chart is upside down :)



To: dennis michael patterson who wrote (44322)3/29/2000 6:55:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Dennis, i think this might be one of those 3,347 times the dipsters should be less bold -gg-

207.61.23.98

put/call ratios peaked at a screaming low level in early march, new highs on nasdaq peaked then and have fallen out of bed since then, the bubble has burst in the most speculative issues and i believe it will start to infect the blue chip techs soon. I think we've seen something similar to april 99, except interchange internets for biotechs.

The nasdaq had a very negative stick pattern, we rallied back to the gap out of the doji and now have reversed hard.

I think would should get another bounce off the reaction low and the lower 20 day band, i hope so.

I think Greenie is going to be really mad at jeffry white for juicing the economy by using his reverse wealth effect - wealth effect to buy a stoopid spekulator b and get all the add ons - including bear claws -gg-