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

To: Techplayer who wrote (62259)11/12/2000 9:59:47 AM
From: Al Collard  Read Replies (1) | Respond to of 99985
 
"I can't imagine a piece of good news that will support the market right now."

1/2 pt. rate cut!!!



To: Techplayer who wrote (62259)11/12/2000 10:03:56 AM
From: el paradisio  Read Replies (3) | Respond to of 99985
 
Techplayer,<I can't imagine a piece of a good news that will support the market right now.> Nasdaq must close above the Friday lows tomorrow...this last support is very weak, but it may hold.
el



To: Techplayer who wrote (62259)11/12/2000 11:31:13 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
We can all pile onto the last bubble - genomics, after this dip. Enterprise software looks to be cooked with ITWO cracking this week and SEBL, MANU, MANH, and the rest nearing breaking points. It's too bad that CSCO, NT, etc. appears to be going farther out on the bad credit risk binge to prop up sales. That could make this bear market much worse yet to come.


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