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


To: Boplicity who wrote (67721)1/26/2001 10:25:51 AM
From: bobby beara  Respond to of 99985
 
207.61.23.99

i got five waves down from the top and we bounced of a support area, i'm long now for a day trade, will evaluated what the rally looks like from here.

i saw an article in the newspaper about the last congressman putting up his own website, the laggards are all on board, the internet buildout hit it's zenith 3/00 and i believe there is a lot of overcapacity built in the system based on the "new economy" theory, a fed rate cut may not be enough to cure this overcapacity problem, of course this is just a theory and a speculation, just as the bullz speculation that the bottom is in.