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

To: American Spirit who wrote (75772)	4/23/2001 8:32:26 PM
From: s berg	Read Replies (3) \| Respond to of 99985

I was channel surfing the other day and learned that 1/6th of federal prisons are populated by people who grew marijuana plants. Yet, "Nazcrack" can be peddled here and elsewhere by analysts, brokers et al. without any legal consequences. Not fair. What else is one to make of the recent brief euphoric rally followed by today's mini-crash. If the market is mainly sentiment driven then the prognosis IMHO for addicts of this market is bleak indeed. Mainly kidding, except to point out that even if the bull returns there is still something weird about extreme swings in sentiment, on a dime, without much real news.

To: American Spirit who wrote (75772)	4/23/2001 8:47:53 PM
From: t2	Read Replies (2) \| Respond to of 99985

It's spring and the bulls want to rampage while the bears are overdue for a long hibernation. Expect upward resumption now. Two steps up one back, etc. Agree. Everything I heard on the NVLS cc and CPQ cc seems to indicate that the bottom in their business is near and therefore the stocks should see the move up sooner. ..extending it to tech stocks in general. A little pullback can't hurt; just prefer it stays over 2000. This might be a tough week for the Nasdaq but I am expecting it move up next week. I will take a slightly down week now for some consolodating of recent gains.