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


To: Benkea who wrote (73412)3/27/2001 10:07:41 PM
From: bobby beara  Respond to of 99985
 
even though there are a lot of put buyers, i seriously doubt that the nasdaq can make anything other than a bear market rally bottom with rydex otc speculators still betting 90% on the bull side after a drop that would have most people screaming the end of the world in more normal times, most people believe it's gonna come back, i doubt this top is like 96, 97 or 98.

there is a boatload of supply out there, with greatest masse of participation in the stock market since the late 20's or the late 60's.

b