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


To: Moominoid who wrote (65329)12/27/2000 8:45:16 PM
From: marginmike  Respond to of 99985
 
DOW and S&P have been in a protracted trading range. Trading ranges brake one way or the other. We have had the longest expansion ever. When will it end? In actuality everyone is indirectly efected by the tech debacle. Banks tighten credit, people spend less in retail, and a % of the economy seizes causing a momentum on the down side. Its always when things look great that they are about to fall.