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


To: marginmike who wrote (69721)2/20/2001 3:38:02 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 99985
 
........marginmike:are you lining up " to fund the coming bear rally"?
Maybe we'll call you " fundingmike?" vbg
Maybe we'll move you over to the LU thread............

:-))

TA



To: marginmike who wrote (69721)2/20/2001 3:46:46 PM
From: Andrew G.  Respond to of 99985
 
Lots of retailers near or at 52wk highs: MAY WAG KSS, check this out:

quote.yahoo.com^dji+^ixic+wmt+tgt+km+kss+bby+cc+hd+fd+s+cp+jwn+odp+spls+swy+ibi+ltd+ann+rost+tlb+mat+has+tjx+hott+urbn+chcs+wtsla+bfly+wsm+skym++eftd+asfd+etys++wag+cvs+rad+cost+wen+may+dds&d=e

Looks like 'consumer confidence' is built on the 'available balance' in their credit cards for impulse spending. As in every bear market, not every sector falls on que.



To: marginmike who wrote (69721)2/20/2001 3:58:21 PM
From: JRI  Read Replies (3) | Respond to of 99985
 
Yeah, I'll probably play any down opening (if its low volume) for a bounce....a lot of individual charts are scraping bottom.....If a bounce looks likely and I bite, then I'll get out by afternoon/Thursday latest...

We're closing at the lows.....this could gap down pretty good tomorrow morn....

Still thinking Fri/Monday at end of this week will be ugly..