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

To: RocketMan who wrote (46049)	4/13/2000 5:53:00 PM
From: SBerglowe	Read Replies (3) \| Respond to of 99985

There may be a bloodbath on Monday, but I feel sure there will be one tomorrow almost from the opening...and I can't imagine that anyone is going to want to own stocks over the weekend...also those folks still waiting to sell the rally to write the tax check will sell in capitulation tomorrow. The S&P's are set up to tank (IMHO)

To: RocketMan who wrote (46049)	4/13/2000 6:10:00 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 99985

RocketMan, you could very well be right for Mon being bad. And possibly, the rebound will start Mon PM or Tues. We are all guessing here. I think touching the 200 DMA may help and that may be all that is needed. My Merrill broker tells me that few/none of his customers have sold although today he did get a lot of calls from people who are beginning to get worried and asking if they should sell. I think that Mutual Funds probably will not allow a blood bath simply because they want to keep money coming in and they do not want to depress J6P completely. Few are ready for Bonds after the heady gains of the last 9 years. So if they get to fear the stock market then they may just spend the money instead of buying more FIDO. So I think Bob (Stansky) gg will step in soon and lift the whole thing up. Cheers TA Message #46049 from RocketMan at Apr 13 2000 5:30PM I agree, and if a bloodbath is to come, I see it coming on Monday. Mondays are the worse days for bloodbaths, because investors have all weekend to worry, and just want out of the market on Monday.