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

To: Zeev Hed who wrote (69816)	2/21/2001 9:01:07 AM
From: JRI	Read Replies (1) \| Respond to of 99985

Zeev- I share your dilemma...although I was looking for a bounce today, and a little tomorrow......something like the bad CPI could also be a trigger for a capitulation over the next few days (perception that Fed's hands are tied)....also, Sunw could really hurt the market tomorrow as well, but I believe that news comes out first after bell (Thurs)...Dow finally cracking a little- yesterday and the futures....if only Naz was down in futures (and not Dow), I'd feel better about playing any coming bounce today in Naz.. I'll likely dip in some (not much) early this morning......we are oversold, and charts scraping bottom......maybe a 15% position...I'm all on sidelines now....because you just can't ever time these things perfectly.... Tough call today.....the debate is raging in my mind...(wait for some fear instead?)