Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: StockOperator who wrote (48810)	5/1/2000 1:16:00 PM
From: marginmike	Read Replies (1) \| Respond to of 99985

I agree stocks like NOK, SUNW look strong, but at best we are in a tradding range. IMHO. The damage will not be repaired so easily, and this tape looks strange. There are stocks up big, but very light tradding action. When stocks like Qcom, or BRCM went up before there was massive volitility minute by minute. I see the abscence of this volitility as a dearth of buying, and MM manipulation of Mutual fund holdings. JMHO I think this a very shaky rally, and though some charts contradict that, the lack of volume is the mitigating fact to swing me to remain bearish. The sharp downtrend is broken. However we are far from rebuilding to the upside.