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


To: iod_sherwood who wrote (68837)2/9/2001 10:07:16 PM
From: John Madarasz  Respond to of 99985
 
humphrey hawkins testimony tuesday the 13th



To: iod_sherwood who wrote (68837)2/9/2001 10:31:48 PM
From: bobby beara  Respond to of 99985
 
and the catalyst for your rally would be? >>>>

clown free zone on the top of the hot list -g-



To: iod_sherwood who wrote (68837)2/9/2001 11:08:23 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99985
 
There are a number of potential external and internal catalysts, the external catalyst is probably the hearing in Congress (AG is going to mumble a little on Tuesday). More importantly, IMTO, are internal catalysts, today we have reached a level in the tic reading on the Naz not seen since January third, not negative enough to form the basis of a major bottom, but quite sufficient to cause a temporary bounce, particularly in view of the very sharp reversal later in the day. This coupled with the S&P reaching a major (downward) trend line at 1315 or so. After a very compressed 17% decline in the Naz, these should be enough, IMTO, for a relief rally.

Zeev