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


To: dennis michael patterson who wrote (44456)3/30/2000 6:39:00 PM
From: Trumptown  Read Replies (3) | Respond to of 99985
 
We saw some decent capitulation today. Hope the shorts covered...I believe the next run (and final peak for a while) on the NAZ will be by mid April in most cases...and into late April in a few cases...

Own mostly value plays at the moment...tried to catch a few falling knives yesterday (INIT, HAUP, etc)...fingers are still bleeding on a couple of them...but I expect the bottom is in...

Much like last year, I believe old economy DOW stuff is the best play into the elections...the high flyin' tulips will falter. Financials will be the last to peak...particularly the olb's and related...

If you wanna have a little fun, grab some HYPR (turn around story)...big things ahead...today was the shake before the run...imho

SR