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


To: Zeev Hed who wrote (51703)5/22/2000 7:20:00 PM
From: Techplayer  Read Replies (1) | Respond to of 99985
 
Zeev, I like your thinking, though I am not a technician. The mood on the thread today is slightly less negative than it was all weekend as well. I am not sure that that is good if one was to take a contrarian view. good luck, tp



To: Zeev Hed who wrote (51703)5/22/2000 8:15:00 PM
From: HammerHead  Read Replies (1) | Respond to of 99985
 
I tend to agree with you, we rallied from late afternoon and bought some YQQFB. Today rally is fueled by YHOO and EBAY, and how long it can hold is questionable.
Nikkei and Euro stock will rebounce tonight, all major indices will see-saw rally before GDP announcement.
If GDP is weaker, watch out the depressed BULL to push NAZ up 200+ (like today's SUNW).
If GDP is stronger, see you at NAZ 2800.
This is the traders' market, volatile... my 2c.