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

To: Doug who wrote (66608)	1/11/2001 5:31:32 PM
From: el paradisio	Read Replies (3) \| Respond to of 99985

QQQ didn't sell too much after HWP and GTW...I was expecting more... I think,the rate cuts are coming a little too late for the slowing economy. The damage was already done and it will take at least 6 month to see some recent recovery. In the mean time the market should hold the trading range, until the economy will prove to go in either direction. If the economy will show the further weakness..the market will correct more. For the the mid term (3-6 month) I expect to hold the recent low on Nasdaq, with QQQ trading range around 54-66. el

To: Doug who wrote (66608)	1/11/2001 5:35:11 PM
From: LTK007	Read Replies (2) \| Respond to of 99985

if CNBC is a good indicator,all is now wonderful---everyday shall now be sunshine,and the biggest message they are pounding out tonight is that these warnings tonight from HWP and GTW are great,as this is a sensational bad news rally. So the crowd has got a major brain massage tonight on how this is a great buy the bad news rally,so darned if i know what happens tomorrow----my logic says,3 green days,double top,more warnings,QQQ at 61.50 at close,a power crisis in California,ever increasing heat and electricity costs bleeding the away the consumers' dollars and stocks STILL overvalued,i say down tomorrow---BWDIK:) max