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

To: High-Tech East who wrote (66090)	1/6/2001 12:53:38 PM
From: bobby beara	Respond to of 99985

>>>they are influenced by the long bull market that they got very used to, and they are afraid that they will miss the bottom>>>> kw, chartoftheday.com wsw - 9 bullish elves 1 neatral elf bearish elf dudac kick-off just two months in front of the most important top in dow and bond yields since 1994. i think a lot of old eco stocks have topped rallies from the october low and the march low and are in for corrections, i believe dow is headed to retest 9700 - 10,000 support, maybe the techs will get some benefit of sector rotation, maybe not, i think the pop out of the dow consolidation on the greenie cut was a bull trap, fakeout breakout, time will tell the above chart of bullish sentiment shows the ending diagonal that death spinchter talks about, i doubt there is another leg up and another zig zag, i think we should retrace the whole thing back to the 98 lows, time will tell if i'm right. b