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

To: jmootx who wrote (71220)	3/4/2001 9:31:14 PM
From: byhiselo	Respond to of 99985

i think so as well, lets see if it plays out looking for initial retrace in COMPX to 2500-2600 NDX to 2350-2400 and SPX to 1280-1300 will have to see after these levels, i think COMPX could possibly have a false break of 3050 by end of March (oh my, short heaven if it gets there) anyway, with my long buys from friday afternoon i'm as heavily on margin as I ever care to be and 0 shorts in i don't know how long cheers

To: jmootx who wrote (71220)	3/4/2001 9:52:51 PM
From: Psycho-Social	Read Replies (1) \| Respond to of 99985

Re: A strong bounce in March. No need to convince me (preaching to the faithful); I think there's a pretty good chance of it myself. The only difference, perhaps, is re January 20th onwards. The investment community may get itself so worked up about the possibility of a 3/4 or full point cut that a "buy the rumor, sell the fact" situation could arise, on the 20th or around the CPI release on the 21st. If all the good news is out, the media may return to their focus on "other things", i.e. earnings disappointments. I've done some limited research in my old charts about trading trends in recessionary environments. Isn't it true that rallies tend to occur around Fed easing news, and the declines tend to occur in-between, when the negative consequences of the recession predominate?

To: jmootx who wrote (71220)	3/4/2001 10:17:29 PM
From: Square_Dealings	Read Replies (2) \| Respond to of 99985

I find your technical read interesting. Do you ever consider fundamental valuations with respect to earnings going forward or book value/future growth for example in your analysis? A lot of money is being made on the way down by people that know how to move stocks technically to look good. For example the bouncing around between old economy/energy drugs etc. and tech stocks. I think TA is probably different in bull markets and bear markets and I believe most of us that have been active in trading for the last 10 years or so haven't seen anything like this (market) before. M.

To: jmootx who wrote (71220)	3/4/2001 11:54:27 PM
From: StockJock-e	Respond to of 99985

Bounce? Here you go boys: marketdd.com Bless those chart formations.

To: jmootx who wrote (71220)	3/5/2001 1:51:41 AM
From: Mark Adams	Respond to of 99985

From Barrons; By George's reckoning, the value of all Nasdaq stocks in the six months from the start of September 2000 until the end of February 2001 shrank-are you ready?by a mere $2.9 trillion. If that doesn't melt Ms. Bardot's heart then we'll toss in the $1.2 trillion decline suffered by the dogs that inhabit the Big Board, a supposedly pedigreed lot but just as gamy and battered as the Nasdaq pack. Surely, that should do the trick. All told, the $4.1 trillion in vanished stock values, George observes, was equivalent to over 40% of gross domestic product (the combined capitalizations of the Stock Exchange and Nasdaq stood at a peak 189% of GDP on September 1 of last year and at 147% of GDP on February 28 of this year). By that yardstick, the damage to equity prices during the past six months was even slightly greater than that caused by the 21-month bear market that ended in October 1974. interactive.wsj.com Most of the issue contained very bearish indicators. The one caveat I see is many numbers are skewed by unreasonable highs set this time last year, suggesting further downside is possible.