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

To: Boplicity who wrote (65965)	1/5/2001 11:05:28 AM
From: marginmike	Respond to of 99985

GreG I told you would retest, if the test holds all will be good again. I will comment on your opinion on Sentiment. At the top sentiment and overbought conditions remained very BULLISH so I would think that the fact that everyone on SI is pessimistic is a start, but not enough. As with Qcom after her plunge there was time needed to create pessimism and fear. We now will need 3-6 months bouncing around Naz 2500 to weed all the faithfull out. The Nekei is the wild card if she breaks her 10 year low then we could really have an economic catastrophe.