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


To: Zeev Hed who wrote (79536)7/6/2001 10:28:21 AM
From: eichler  Read Replies (3) | Respond to of 99985
 
Zeev,
Thanks. What do you think of the idea of actual earnings releases starting next week Wednes providing a spark for rally. Seems we are following a past pattern of ignoring warnings for a period, then tanking finally near the end of the warnings, then perhaps rallying after actual results are reported. The idea I guess being that the lowered bar provided by the warnings making the actual releases look much better by comparison.
Regards,
Eichler



To: Zeev Hed who wrote (79536)7/6/2001 7:16:07 PM
From: pbull  Respond to of 99985
 
>Welcome to the second annual massacre.< We shall see, but the technicals in the Naz sure look awful. All we need here is for a major bank to say, "our derivatives blew up," and we could be in for some excitement.
Only my opinion.

PB