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

To: Boplicity who wrote (65897)	1/4/2001 9:23:25 PM
From: Daveyk	Respond to of 99985

I found that out today.Escaped with barely bus money.Still it should have worked out better.No doubt the tide is turning.Course in hindsight many fought the fed after 6 rate hikes.Took quite awhile to take effect.(On the market)Wasn't the old adage 3 ya better flee?ggg Things are different with this younger generation of money managers. Dave

To: Boplicity who wrote (65897)	1/5/2001 1:49:33 AM
From: DukeCrow	Read Replies (2) \| Respond to of 99985

Who said anything about shorting, Greg? I was just pointing out the flipside of your argument. Sorry if I was unclear. As far as market direction, I'm going to wait a few days to see how the market digests the rate cut news. Remember that even with Wednesday's huge gains, the Nasdaq is now only up 96.31 points (3.9%) on the year; it's back to where it was 4 trading days ago. I'd like the Nasdaq to at least get back to where it was before the December Fed meeting -- 2696.61 -- before I am a believer in this rally. Ali