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


To: Gersh Avery who wrote (53038)6/4/2000 11:00:00 PM
From: American Spirit  Read Replies (1) | Respond to of 99985
 
Why is everyone so bearish? Nikkei and Hang Seng both rallying 2.4 - 3.6%. Sure the US markets may go down tomorrow. But there are still a huge amount of money on the sidelines waiting for re-entry. Any downdraft will be met with renewed buying I'd guess. I admit soem high-fliers will meet with profit-taking but others won't. Telcos should do great this week. Later.