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

To: bobby beara who wrote (77959)	6/5/2001 12:11:31 AM
From: Boplicity	Respond to of 99985

well since we the market has been around for since 1700's I suppose any one of the little sayings that make wallstreet so colorful, have been found to be not true now and then. <vbg> B

To: bobby beara who wrote (77959)	6/5/2001 12:30:57 AM
From: Boplicity	Read Replies (1) \| Respond to of 99985

The big difference between the low vol. then and now is the lateral movement we are having, it's called base building or consolidation. The longer the base/consolidation building process goes on, the stronger the foundation will be for the next bull leg. A better comparison is to compare sept 2000 to the jan/feb 2001 time frames, both of those time periods are representative of a pending market directional change. Where as now the holders are showing how strong their hands are by holding after a large move. B