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


To: bobby beara who wrote (75749)4/23/2001 9:25:29 PM
From: t2  Read Replies (2) | Respond to of 99985
 
bobby_beara, I guess you are cautious on the market (short). Don't you feel that too many are feeling the same way after such big gains recently.

That is the sense I get and therefore believe that the drop will be short lived--today, tomorrow, one week but it rebounds much faster to a higher level around 2300 or so.