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Strategies & Market Trends : Market Trend Analysis from MomentuMonkey -- Ignore unavailable to you. Want to Upgrade?


To: Stcgg who wrote (100)8/30/2000 5:51:40 PM
From: David Lee Smith  Respond to of 281
 
**** Great article on the NAZ. I've updated the MomentuMonkey model and it's not that bearish. It's looking for a 5-7% correction in the S&P. Interestingly, however, is the market risk level of -58%. I view the odds of such a big drop as only about 1/10 at this time. However, I've added to my ProFunds Ultra-Bear position and hope for the big khahuna!