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

To: Zeev Hed who wrote (69918)2/21/2001 6:05:48 PM
From: megazoo  Read Replies (1) | Respond to of 99985
 
<In the afternoon selling today, the tick managed to get to -957, getting very very close>

You say we are getting very close to a solid bottom (i know your 'real bottom' is at 1900), but are we up for a 400/500 point rally and then lower lows, or are we establishing a bottom for a year or so. if i am not mistaken your 1900 low does not come until your scenario in '02 when the Feds start tightening again).

Are you surprised by Rambus's strength (so far).

Thanks in advance



To: Zeev Hed who wrote (69918)2/21/2001 6:10:03 PM
From: Kemo Sabe  Read Replies (2) | Respond to of 99985
 
Zeev: Naz tick got to -1007. Still got a ways to go. Hard to believe we won't get to -1500 before we actually hit 'the' bottom. I've seen NYSE tick -2100, so -1007 is not real panic at all.

Kemo Sabe


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