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

To: bobby beara who wrote (45644)4/11/2000 7:41:00 PM
From: StockJock-e  Read Replies (2) | Respond to of 99985
 
Well, you know what they say... its not a crash until it all comes down together and there is no place to hide.

My bet is they rotate into the now extremely oversold and attractive Nasdaq, citing that tech stocks are anticipated to have better growth than consumer cyclicals and paper stocks.

Ralph Acampora must first come out and say that he expects a test of 3000, then we can rally.



To: bobby beara who wrote (45644)4/12/2000 9:18:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Bobby, that jibes with the current wave count for the Dow by both Prechter and Dhruv Sheth. both are expecting a wave 3 down. loopometry also suggests a downturn should commence soon (soon in this case means within a few weeks).
will rotation continue to be the name of the game? that really IS the big question. i suppose one of these days one of the bigger funds may well decide to sit this out in t-bills for a while...

regards,

hb


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