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


To: Psycho-Social who wrote (69358)2/17/2001 11:31:12 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
>>>The SI Bears are definitely more intense and dogmatic, the Bulls more tentative in recent days. >>>>

yes, a lot of throwing in the towel, i think the nas bottomed on friday or will on tuesday morning for a decent several hundred point rally.

rydex money funds are near the levels of the jan 2 low, though, the rest of the fund levels are not quite as bullish as they were back then, plus les horowitz buy signals on ndx have been hovering around 80-100 for over a week.

bottoms happen when many people are citing lower price targets.

b