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


To: t2 who wrote (77633)5/30/2001 2:39:22 PM
From: SecularBull  Respond to of 99985
 
Anything to the contrary is simply figthing the Fed at this stage in the cycle.

~SB~



To: t2 who wrote (77633)5/30/2001 6:14:36 PM
From: gc  Respond to of 99985
 
"and that is why I have been buying all day..mostly tech."

Too early, IMHO. We are going to test 1600.
Europe and Asia just joined the party. 50% of revenue base for tech sector. It's a new game now.



To: t2 who wrote (77633)5/30/2001 7:58:31 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
66.59.141.65

DISCO breaks an ABCDE rising bearish wedge to the downside (as did the nwx) on black gapping candles (actually blood red on that chart)

the bears have wrestled back control for now and sadly are running the show again, how long can we endure the clowns destroyed zone at the top of the hotlist -ng-



To: t2 who wrote (77633)5/31/2001 12:54:23 AM
From: LTK007  Read Replies (1) | Respond to of 99985
 
<Now the environment is to put cash to work.> NV there are many ways to put cash to work without buying tech stocks.
Money is learning to change it's flow,and it is out of many techs.
I feel you,and all,must stop obsessing about techs(except to dig out those few that that have special positive circumstances,and think the whole of the market place.)
I feel large segments of the tech sector are at least a year away from recovery.imo.I have heard several funds say they have used this rally to drastically reduce their exposure to techs.