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


To: JRI who wrote (66224)1/8/2001 12:37:21 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
My read of the market is that those who wanted to sell sold all they wanted under the present anticipated environment and most of the buys were done during last week.

The bigger players are trying ot asses the new environment and how to relate to upcoming earnings.

AA is far from indicating a recession, I also venture to speculate that we may have witnessed a 1987 style stock market crash over the last 2 to 3 months and main street is going about it's business but again I can be dead wrong.

I bring this issue up as I only saw comparison to 1929 and Tokyo 1989.

BWDIK
Haim



To: JRI who wrote (66224)1/8/2001 8:56:03 PM
From: HairBall  Respond to of 99985
 
JRI: Sorry, a little late to respond to this one, except to say the one I drew on the QQQ held...<g>

Regards,
LG