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

To: Doug who wrote (76525)	5/4/2001 5:04:55 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

Doug, I do not disagree with you on a fundamental basis, but on a technical basis liquidity drives stocks just as much as the stocks' (or market's) fundamentals do, and right now, with MZM having rocketed there is a lot of liquidity ready to go to "money heaven", but before that happen, we need to see how 2250 is handled next week, if it is taken out, then this morning excursion to 2089 has to be classified as a new "higher low" and retest of a new uptrend channel, and Bobby is absolutely right donning that bull suit (g). Zeev