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

To: Stephen M. DeMoss who wrote (64422)	12/16/2000 7:03:37 PM
From: Gary Burton	Read Replies (2) \| Respond to of 99985

Steve--fwiw--Don Hays said on Fri am that he thinks we will sell off big time next 10days or so-his minimum expectation is near 2200 on the COMP and that he wouldn't be too surprised to see 2000 test or even a bit below. Said that the Naz' tracking with the Nikkei Dow crash thus far is uncanny and that we are due to drop hard fast. Around 2000ish is the long term trend line as I recall. Well that's what makes a market. Don Hays used to be accused of being a permabull years ago. I guess he must have a pipeline into Mr G. Its Don Hays vs Stcgg folks. Was it a 5 or only a 3? We shall soon see......my 2c is that if we print below last Friday's low sometime on Monday and then rally strongly into Tuesday 2:15/20pm I would not be long just before the decision.---If instead, we keep rallying materially right from the getgo Monday and do not take out Friday's low before Tuesday--then Stcgg has a greater chance of being right.