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

To: Zeev Hed who wrote (76418)	5/2/2001 11:03:30 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

I see a lot of "exuberance" already and that without much progress in price>>>> ya zeev, but the nasdaq needed to correct the parabolic run from 4/4 to 4/19, so far the correction last week is looking like a bull flag to me, the upside surprise in gdp and home sales has given the bulls some wind at their back, i was in las vegas this weekend, the place was hoppin, the economy is having trouble in some spots but overall is doing pretty good, i think the green man group with the side show bush tax cut man is trying to engineer another bull market like off the 98 lows and he is gonna get it - though not to that level, it's hard to fight this tape.