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


To: Boplicity who wrote (70225)2/23/2001 10:40:54 AM
From: JRI  Respond to of 99985
 
Oh, I've been here....I guess we see ugly differently...Greenpan move puts in an intermediate bottom...the failure of that rally will be the BIG KAHUNA IMO...

Fear levels ARE rising, Greg, finally...



To: Boplicity who wrote (70225)2/23/2001 10:46:40 AM
From: HairBall  Read Replies (3) | Respond to of 99985
 
Gregory: I am amazed at folks calling for a NAZ Comp crash. Heck if it fell to zero, it could not fall as many points as it already has...<g> Time to get bearish on the NAZ was early Mar 2000.

The NYSE Comp could provide some fireworks, but it has been trading pretty much sideways for years.

Nothing wrong with being cautious by trend following, but me thinks the market is patting the mattress, looking for a medium-term low spot...<g>

Regards,
LG