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

To: Zeev Hed who wrote (68392)	2/2/2001 6:45:10 PM
From: Crimson Ghost	Respond to of 99985

Dom Hays talking about NAZ drop to 2500 then a bounce to 3000-3200 and then the bottom falls out You are talking about 2200-2300 and then a move above 3000. Bill Gross getting more optimistic on the economy. Three first class minds all see things a little differently.

To: Zeev Hed who wrote (68392)	2/2/2001 6:51:23 PM
From: Crimson Ghost	Read Replies (3) \| Respond to of 99985

Zeev: Where do you get intraday TRIN?

To: Zeev Hed who wrote (68392)	2/2/2001 6:56:21 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

I think your right zeev, if you look at charts like orcl, sunw and csco, the rally off the late november/december lows all look like consolidations in a downtrend, if you look at charts like sdli, glw, emc, they look like they could be putting in right shoulders of H&S top and the final parts of the bubble, that have largely been spared could be caving here. oex did a weekly tail into resistance stockcharts.com[l,a]waclyymy[df][pb50!a720][vc60][iUb14] and u got these crazee posters telling u to go 100% margin into resistance -g-, when rydex #'s are showing some fairly good bullish capitulation into fed meeting, plus you got posters saying the "bears are in denial because of retro reasons", not so sure who's in denial -g-, i think this supercharged rally from the jan turn is more of the dead cat variety off oversold tax loss selling, with people all thinking this is 1998, i doubt that it is, they weren't laying off people at janus at the bottom in 98, and after all this is the year of the snake -g- stockcharts.com[l,a]daclyymy[df][pa666][vc60]