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

To: bobby beara who wrote (72472)	3/17/2001 1:19:42 PM
From: JRI	Read Replies (1) \| Respond to of 99985

Bobby- Cavuto's show just ran a poll.....by 54-11% margin....folks believe markets will be higher a year from now.....OH OH OH....

To: bobby beara who wrote (72472)	3/17/2001 6:41:20 PM
From: Mike M	Respond to of 99985

, at the bottom in 98 after a 20% haircut in spx they were loaded with bear funds and cash... Ok, bobby, you aren't buying the theory that they learned their lesson in 98...<g> I like the fact that the CBOE put/call ratio is greater than one. This market is close to a serious rally as that begins to unwind. I imagine that the rate cut (the third) will serve as an adequate catalyst. This may be the first, but never in history has there been less than a 20% rise in the market subsequent to the third rate cut. Certainly there is enough cash on the sideline and enough shorts out there. The obvious question is, "what, after that?"...