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


To: RocketMan who wrote (46157)4/14/2000 9:35:00 AM
From: James F. Hopkins  Respond to of 99985
 
There is no liquid, and all the restricted shares of the
no so long ago hot IPOs are trying to get out..
the value line index has been in a bear market for over
a year.
When people saw all the rotation they should have known
that was due to no liquid..
there is no money in the market..it's like a ponzi
scam you always need to have more buyers just to keep
it going.
real damage has been done and I've seen selling into
the rallies..people just wanting to get out even..
-----------------
a bottom takes time to put in..and you will get two
deep bottoms the second one may be lower than the first
but it will be inside the bollenger bands, and about
a month after the first bottom.
Rotation wont save this market.