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

To: JRI who wrote (67589)	1/24/2001 4:41:27 PM
From: eichler	Respond to of 99985

JRI How 'bout this for a possible scenario.... Down until Fed rate cut, up with Uncle Al rate cut Wednes... BUT, if we tread water 'till the Fed.....I would then be looking for a sell-off (buy the rumor, sell the fact). I would much rather see the overbought relieved with orderly selling, then more upside. Either case, I don't like the look of many charts, going to wait for a pullback. So, if we go down into the Fed from here, I buy before Wednes. If we continue up or sideways to next Wednes, I'm looking for a sell off. Best of Luck, Eichler Geeez, I hope my "final nail in the coffin" 'aint rusty.....