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

To: DukeCrow who wrote (64859)	12/21/2000 6:10:09 PM
From: Mike M	Read Replies (1) \| Respond to of 99985

Yeah, but what can we deduce from that. The Bear has been running over us since 98, taking em out back and shooting them one by one? Maybe...if so, is the carnage over? Once the strongest stocks capitulate, corrections tend to end. No doubt for the last decade the strongest stocks were the techs... Is the bear finished or as some suggest just getting started. Well, I think the bear is just about finished. It'll take a clear break of the bottom of the channel for me to believe otherwise. Harp about the bubble bursting if you want, I've been in my foxhole since the yield curve was inverted, but I think that gets remedied as the FED cuts rates and I like my chances that the worst is over. Here is hoping that 2100 holds on the NAZ.