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


To: Stephen who wrote (73310)3/26/2001 12:17:05 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 99985
 
Stephen, I wonder how much of today's move in the markets is window dressing for the end of the quarter? Since statements have to go out next week, maybe there is a concerted effort to get some sideline cash into the markets and to get those short the bear to help improve their balance sheets. For me I see this as a bull trap prior to new lows by week end. I am shorting (carefully) into the strength. Steve D.