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

To: Zeev Hed who wrote (77671)5/31/2001 8:20:19 AM
From: chojiro  Respond to of 99985
 
From my view, I have a potential bounce to about 2180 as well. That could be met with excessive selling, and I have the next bottom before any bounce at 1850. 1950 might prove to be some support. But it should last no more than a few hours(even if it goes from one day's closing hours to the next mornings opening rally.

Some say I am too pessimistic. I look at as just cleaning up the waters for the stronger fish to survive. So IMO, I am an optimist-g-



To: Zeev Hed who wrote (77671)5/31/2001 8:49:46 AM
From: ajtj99  Read Replies (1) | Respond to of 99985
 
So much for marking them up. Futures sank to nearly even after the jobless report came out.

We'll see if we still go up on that. It may be difficult, as the news was pretty grim.


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