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

To: gfs_1999 who wrote (67534)	1/23/2001 7:32:29 PM
From: Robert New	Respond to of 99985

Gfs...Interesting article about Cramer. I have used him as more of a contrairian indicator than anything else. He was peddling CAT, IP, and other defensive issues and telling people to sell the opticals...e.g. JDS Uniphase et.al. when it was down in the low 40's about a month ago on CNBC and at the Street.com. Meanwhile CAT warns and slumps along with IP and JDSU is up about 50% from where it was a month ago. He seems to have a knack for marking the bottom. Which brings me back to my original point about the article. If he thinks the bull market is back on track this unfortunately is more than likely a bear market rally <gg> In the interest of full disclosure I am actually quite bullish regarding the market in the intermediate term as well.