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


To: jttmab who wrote (44372)3/30/2000 8:19:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 99985
 
Another down day today would be significant IMO- It's been a VERY long time since the SPX was unable to rally for 5 straight days. Those daily 3% drops in the Nasdung have to be causing some margin calls- and it will snowball without a substantial recovery.

I won't be attempting to catch any falling knives. I have too many scars on my hands already. -g-

It's beyond my comprehension how folks could buy into that biotech parabola. I was holding a couple of them, and had my finger on the trigger the whole way up. We just had the selling opportunity of a decade:
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