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


To: pater tenebrarum who wrote (51317)5/20/2000 10:05:00 AM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 99985
 
Heinz, have you noticed the heavy put buying? P/C was not so high for a while. I will not call it bullish but we may bounce a bit, even that on many charts it looks as prone to go straight down .......... SUNW, CSCO, QCOM, EXDS etc.

The old bulls are to bearish this does not indicate a bottom.

Aside the old economy is quite steady price wise.

I think they will try another jamming job to get more stuff out.

BWDIK
Haim